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Money and Finances
Reply to "Retirement planning for a federal worker"
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[quote=Anonymous][quote=Anonymous]I struggle with this as well (although I'm 30 years out from retiring) with other variables such as will they gut the federal pension and will I receive any social security. [/quote] Obviously no one knows but I think changes to fed pensions are most likely to be prospective not retroactive (although that's not what happened to the military so perhaps that's not right). Also for SS-- the idea that it will go bankrupt is a myth being pushed by people who want to cut back benefits. It's been 30 years away from "insolvency" for the last 30 years, and even in a "worst case" scenario it would still pay 70-80% of scheduled benefits. [/quote]
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