In Part I of this article we wrote about the first four crucial stages of federal employee retirement planning. Today I will address the final four stages. Age 60 is when Federal Employees are able to retire with 20 or more years of service. If you’re FERS and thinking of retiring at age 60, make … Read more
When it comes to preparing for retirement, there are eight “stages” that every Federal employee should know about. Knowing what each milestone age means will help you, plan for your retirement more efficiently. Hopefully this will help you be prepared, maximize your benefits and avoid potential financial mistakes in your TSP. Age 50 – Statistically … Read more
We recently met a Federal Employee who was planning on working until fifty nine and half years old so he would be able to supplement his income from his TSP without the 10% penalty. We seem to have the age 59.5 burned into our brains and think there is no penalty free way to access … Read more