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Reply to "FERS Retirement Planning - Still confused"
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[quote=Anonymous]For 26 yrs. I maxed out my non deductible IRAs and also saved another 6-10% of my salary, on top of maxing out my TSP contributions. I never figured SS + FERS annuity + TSP would be sufficient. I just retired after 26 yrs. and if I take SS at 62 under current calculated benefit, SS + FERS Annuity + 4%/yr. TSP withdrawal will be slightly more than 50% of my salary. The IRA and other investments (withdrawn at 4%/yr. or less) are what put me over the top to nearly matching my last/highest salary in retirement.[/quote]
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