Jan 4, 2019
Longevity and Retirement Planning
"...Longevity risk–the chance you will outlive your savings–may be the greatest risk federal retirees face today. Developing a sound financial plan is essential to ensure your “savings well” does not run dry too soon. The federal retirement system is both unique and complex for its 2.8 million current employees. This system includes the U.S. Postal Service, a quasi-governmental agency that employs the largest percentage of the civilian federal workforce.1 For optimal results, employees should begin planning for their retirement up to 10 years prior to their planned retirement date. It is imperative that federal employees understand their benefits and how each piece fits into their financial puzzle...."
