In case you hadn’t noticed, inflation is at a 20 year high. And this may be the new normal, according to some experts. That’s the not-so-good news.
Currently, most feds in retirement left under the CSRS program so they get full COLAs. But the overwhelming majority of people working for Uncle Sam now are under the FERS program.
Do you suffer from pension envy? Many current and retired federal employees do!
The 22% increase in federal retirements from June to July has led to a growing claims backlog.
Unless the stock market tanks, big time, during the next 51 days the number of federal Thrift Savings Plan millionaires is expected to skyrocket.
A higher January COLA could mean the nation is in for an extended period of higher inflation.
The decision to collect your Social Security now or later can be a tough one. There are a number of tradeoffs.
Retirement with debt is a bad idea, especially if you are under the FERS program with its diet-COLA formula.
If federal retirees wait until age 70 to collect Social Security, their monthly benefits could see a big increase.
Consumer prices are going up and up, which is a good sign if you're hoping for a high cost of living adjustment next January.
Working slightly longer than you planned can have a big time payoff. And it’s particularly true for federal workers.
When it comes to a comfortable annuity for life, no matter how high prices go, not all feds are treated equally.
Planning for retirement is a process that doesn't have to be a painful if you avoid some common mistakes. It will pay off big to know what they are and avoid them.
Planning for retirement isn't rocket science, but in some ways it is more challenging because ultimately you'll be riding that rocket however long it takes.