Federal and Postal Retirees
Well you just retired a few weeks back and your final pay check has just arrived along with your annual leave check.  You were smart and ran a benefit analysis long ago.  You know how much you have, how much your TSP.gov account can generate and when the best time to start accessing those savings is – you’ve even done a social security analysis to determine what your and what your spouses eligibility is.
The wheels are turning in your head as to what you are going to do with all that money. You saved up your annual leave to the maximum so that you could get that big check to fill the gap until your full annuity begins to roll in. What to do? What to do? Remember your plan for retiring well. That plan with the flexibility built into it will not work if you don’t stick to it.Â
When we speak of things happening, the unexpected, it doesn’t always have to be something horrible that happens. It could be so good that it sort of makes you giddy until you realize you have sabotaged your plans to retire well.
Although retirement should be looked upon as a gift you well deserve because you have worked hard to earn it, you must as retirees bear in mind that the gift needs to be one that keeps on giving, like for the rest of your life.
If we have ever outlined a time to be cautious about our resources, financial and otherwise, it should be as retirees. Exercising caution might mean the difference between working because you want to and working because you have to. That’s a huge difference and one that could challenge your emotional happiness in retirement.
Whether a little or a lot, plan well with what you have worked for and protect it by always reviewing your plan, monitoring it and making adjustments as circumstances and conditions in your life change.
P. S. Always Remember to Share What You Know.
For Postal employees, Click HERE for more information on LiteBlue
