#152 How Will You Pay the Bills While OPM Processes Your Retirement?
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#152 How Will You Pay the Bills While OPM Processes Your Retirement?
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What happens to your income after your last federal paycheck, before OPM finishes processing your FERS retirement?
For many federal employees, retirement brings a big change in cash flow. Your regular paycheck ends, you might get paid for unused annual leave, and OPM may start sending interim retirement payments while your application is being processed.
So how can you keep paying your bills during this time?
In this episode of the Plan Your Federal Retirement Podcast, is discussed why cash flow is the heartbeat of retirement and how federal employees can begin preparing for the transition before their retirement date arrives.
As you approach retirement, it's essential to ensure that you have a plan in place to address any potential income gaps. Download your copy of our guide that can help you calculate this gap and offer practical strategies to bridge it - https://zurl.co/QLcgf
Have a retirement question on your mind? Give us a call at 907-931-1775 and leave us your question - we're here to help create solutions that fit your goals!
Need professional help with your retirement planning? Schedule a call today: https://zurl.co/AiAC
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Happy Planning!