Mar 9, 2012

2012 NOT the Best Time to Retire

"...Thanks to buyouts, baby boomers, plumbing problems and an active anti-fed Congress, the year 2012 is shaping up to be one of the worst-ever times to retire.
For that matter, 2011 wasn't so hot either.

At the end of February, there were about 53,000 retirement applications in the Office of Personnel Management pipeline, according to the National Active and Retired Federal Employees Association...some, maybe lots, of retirees are getting interim payments that are 10 percent to 60 percent (in extreme cases) less than their anticipated monthly annuity..."

Read more at FederalNewsRadio.com

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