"...Because retirement is a dramatic “overnight” change, proper preparation and planning are necessary to help you transition into this new phase of your life.
Below, you’ll find several retirement ideas for the next phase of your life. Whether you want to add to that generous pension or pick up a new hobby, you’ll find plenty of ideas in this article..."
"...Because of the bad economy, the limitations of federal retirement benefits, the housing crisis, ever-increasing health care costs and lengthening life spans, the phrase “retirement career” is no longer an oxymoron. But beware: Retirement careers often require long-term planning.
The first step for considering your options is to identify your earliest possible federal retirement date, based on your age and years of service.
If you’re a full-time fed and want to keep working for the federal government after reaching retirement eligibility, you probably have two main options: Continue your current federal career path, provided that your job doesn’t have a mandatory retirement age; or enter phased retirement, which would enable you to work part-time after retirement..."
"...My Oct. 1 column was a look at some of the issues prospective retirees need to consider. This column continues the discussion:
Leave accrual. If you retire at the end of a pay period, you’ll get credit for any annual leave you earned. It will be added to any other unused annual leave you have and included in your lump-sum payment. You’ll also..."
