Retirement Planning- Best Dates to Go

[Scout333]

Fellow TSP'rs, Retirement takes lots of planning. Thought you might enjoy these columns on picking a date to go.

Retirement Planning
A Date for New Year's
By Tammy Flanagan National Institute of Transition Planning December 17, 2010


In a new survey by Government Executive's research arm, the Government Business Council, 35 percent of federal managers said the impending two-year pay freeze is likely to cause them to retire sooner. A little less than 20 percent said it will lead them to retire later, while 38 percent said it won't make any difference.

If you're in that first group, you might be thinking about good dates to retire next year. And if that's the case, you should know it pays to consider your decision very carefully.

For example, Feb. 28, 2011, is a better date to retire than Feb. 26. Let's look at why that's the case.

For more detail, see my column on the best dates to retire in 2011. http://www.govexec.com/story_page.cfm?filepath=/dailyfed/0410/043010rp.htm

 

[Silverbird]

Isn't the best retirement date under FERS, if you have lots of leave, the last day of any year?

 

[Steadygain]

Isn't the best retirement date under FERS, if you have lots of leave, the last day of any year?

No Sweetheart,
The best retirement date for FERS -- and I always keep the 260 except when my kid brother had a heart attack out of the blue.

Anyway -- the best date for 'retirement' is when you can honestly let go of the 'need to work' and make the most with every day you live. So it's much more based on the aspirations - dreams - desires - and longings than anything else.

Keep it simple -- and live more for life and all it has to offer and give and keep giving as much as you possibly can to the ONE that could only be God's Gift to you.... and enjoy happiness and fulfillment -- and keep it going and going.

Sooooooo .... 'IF' this moment happens ... on 2/17 ---- gosh -- don't wait until 12/30

I mean we've only got so many days .... really --- especially good ones.

BUT in General:

you've had enough years both in terms of 'work pay off' 20 yrs + 65 -- or 30+ years and under 60.

your investments are more than adequate to stay the course ... and no matter what -- you know you're good.

ummmm .... Social Security is like $500 (+) a week -- forever !!!