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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am almost 62 and ready to retire from my federal job after 29 years. I’ve had enough. Question: Do you work part-time in your retirement and if so, what do you do? Do you work in your field or in something completely different? How long did you take a break , if any, before you found another paying job? Inquiring minds what to know. [/quote] If you need to be bringing money in, I’d keep working in your fed job.[/quote] I recently retired at 50 from the feds and I make the same amount of money working as a contractor 3 days/week as I did working full time. My spare time has obviously doubled and it has been great, no regrets whatsoever. I'll probably fully retire in a couple of years. [/quote] Can I ask what field - in general? And do you have a clearance? This sounds ideal.[/quote] Not me, but somewhat similar in that I make a decent hourly wage ($150/hr) part-time now. That compensation is very likely related to my clearances, which are required for my part-time job. [/quote] Decent? ha! That wage probably puts you in the top 5%. If you have a clearance, there are a ton of slacker type jobs paying $30-40/hr. Before I retired, I had almost 30k in deductions/yr coming out of my check. Previous fed salary of 100k minus 30k deductions=70k. Fed annuity= 45k. So, part-time gig only has to pay 25k. The only downside is that I no longer contribute to my TSP, but it's almost irrelevant at this point because I've saved so much over the years.[/quote]
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