Fed Life — Navigating financial whirlwinds in federal retirement
This week we look at what had been promising about the economy as it relates to your retirement. And then the financial whirlwind still swirling around that’s sort of flattened near-term expectations. We start with one organization that has a good pulse on the federal workforce and what its concerns are, The National Active and Retired Federal Employees Association, known as NARFE. We covered a lot of territory when I spoke with NARFE’s vice president for policy, John Hatton.
After a scary year of across-the-board losses, the Thrift Savings Plan funds … like 401k plans generally, were showing strong gains in the first quarter of 2023. Then came a string of bank collapses and some near misses. I reviewed your TSP year to date with certified financial planner Art Stein.