The ‘7 rules’ of retirement

When people close in on their retirement date many become anxious about life after a steady, bi-weekly paycheck. The old Civil Service Retirement System provided a much more generous pension/annuity than the Federal Employees Retirement System, which covers most working feds. So what to do?

We ask John Grobe, a former fed, and benefits specialist, to crunch some numbers — the numbers you need to know before you retire. He discusses the “Rule of 7 Rules” to protect your retirement nest egg on this episode of Your Turn, a radio show (Wednesday’s at 10 a.m. EST) streaming on Federal News Radio or at 1500 AM in the D.C. area.