Recent studies conducted by the National Council on Aging and the Leading Age LTSS Center @ UMass Boston found that an astounding …
Retirement
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If you’re approaching retirement but feel uncertain about making a sudden transition, phased retirement might be a suitable alternative. Eligible federal employees …
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Having the distinction of being the world’s largest group life insurance program, the Federal Employees’ Group Life Insurance (FEGLI) Program covers over …
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During periods of economic uncertainty, conventional advice for those nearing retirement has often been to adjust their investment portfolios to minimize risk. …
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With just a decade left before your Federal Employee Retirement System (FERS) retirement, it might seem like you have plenty of time …
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Believe it or not, there are a number of ways you’ve slipped into the habit of spending money you can easily save …
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Retirement
$1 Million In Retirement Savings May Not Be Enough If You Retire In These States
by fedadvantageby fedadvantageAccording to United Nations projections, the average life expectancy 10 years from now is estimated at 81.11 years old. For FERS pre-retirees …
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The prospect of enjoying a mortgage-free retirement while aging in place is undeniably appealing, especially when housing expenses can consume 30% or …
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Retirement
Longevity: The Primary Threat to Financial Security in Retirement
by fedadvantageby fedadvantageRepeated surveys consistently reveal that the predominant concern among retirees and those nearing retirement is the fear of outliving their financial resources. …
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Retirement planning for federal employees comes with unique challenges and considerations. The Office of Personnel Management (OPM), responsible for administering federal retirement …