http://www.psretirement.com/older-people-and-work/ Do older people work to survive or because they want to stay in the game? I believe the answer is YES to both. In our society we segment people often without giving it much thought. There are older people in the Congress, even in the White House just moments away from the most powerfulRead… Read more »
Pay freezes, budget cuts, furloughs – it shouldn’t come as a shock to anyone, but after years of record low employee satisfaction, government’s senior executives are leaving the civil service at a rapidly increasing rate. According to a new report from the Senior Executive Service and George Washington University, this gap is creating the possibilityRead… Read more »
http://www.psretirement.com/older-people-and-work Do older people work to survive or because they want to stay in the game? I believe the answer is YES to both. In our society we segment people often without giving it much thought. There are older people in the Congress, even in the White House just moments away from the most powerfulRead… Read more »
For the second month in a row, the Thrift Savings Plan’s S Fund returned in the red. And in fact if you look over 12 months, the S Fund is up more than 20%. According to statistics from the Federal Retirement Thrift Investment Board, all other TSP funds yielded gains in April, albeit small ones.Read… Read more »
http://www.psretirement.com/federal-employee-financial-plan/ Are you a Federal Employee? Do you realize how important a financial plan really is at every stage of your life? Having a financial plan is probably the most important part of managing your financial life. Having a sound, flexible financial plan today is more important than it has ever been. Resources are limitedRead… Read more »
Back in his 20s, Warren Buffett often asked himself, “Do I really want to spend $300,000 for this haircut?” An avid fan of compounding, the future billionaire constantly questioned whether spending money today was worth losing what he could have in the future if he invested it. Buffett is, obviously, the exception. Most of usRead… Read more »
The White House released its fiscal 2015 budget proposal on Tuesday. The budget aims to “put a stop to short-sighted cuts to government operations” and to expand funding for federal-employee training. Federal employees’ pocketbooks would also get a slight boost. For the second year in a row, the Obama administration is proposing a 1 percentRead… Read more »
“It’s the year 2043 and Cheryl, a 60-year-old public works employee with 30 years of service, has just reviewed her retirement savings with a financial adviser. She is surprised that she will need to work several more years to reach her retirement income goals. “My father retired from city government after 25 years and hadRead… Read more »
Our 2014 Leave Record & Scheduling Spreadsheet is now available for download to your desktop. Use it to automatically track your leave balances in all categories, annotate your schedule, and to establish realistic retirement target dates to maximize your benefits when you leave. This FREE spreadsheet automatically calculates your accrued annual and sick leave balances,Read… Read more »
Federal retirees, social security recipients, and military retirees will receive a 1.5% COLA next year! This is the lowest COLA since 1985 not counting the two years we did without one. Based on the average retiree’s annuity the 2014 COLA will add approximately $48 monthly for CSRS retirees and $18 for FERS retirees age 62Read… Read more »