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Some retirees, maybe a lot of them, may decide either they are wanted and needed back in the workforce. Both to do good and make more money
For many feds, whether long-time or relatively new, the question is: What now?
Now, naturally, we turn to Tammy Flanagan. She’s an expert on federal benefits with the emphasis on planning for the best possible retirement from Uncle Sam. Her husband is retired Secret Service so she knows about retirement for law enforcement officers, too.
Will the “new” post-pandemic, civil service be hit with a wave of retirements, the long-predicted retirement Tsunami at last, opening up the promotion pipeline? Many think thousands of long-serving (suffering) feds will bail out, deciding they want to spend their golden years on the beach instead of in a bunker. Or will folks who were considering retirement decide to delay pulling the plug. That could be especially true of the economic downside of the pandemic (which could last years) bring with it low inflation which means fewer and or smaller cost of living adjustments for federal retirees?