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Reply to "How old are you and how much do you have saved in retirement?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]51 with $1.5M in savings, another $1M+ in joint retirement investments, and a CSRS fed pension to look forward to. [/quote] This is why I get upset that there is still a Federal pension. That money could be spent on feeding and educating children. And, I do value government workers. I just wish the model would change, now that our circumstances have changed. Flame away.[/quote] So you cherry-pick the "richest" Fed on this thread to make your point? There are like less than 1% of Feds who have TSP accts of a 1 mil or more. OP probably made the bulk of their money in private sector and was smart enough to get into the govt for the stability and/or mission. [/quote] Actually I just realized those were joint savings and CSRS means PP has been a Fed for over 25 years and might have a high earning spouse who works outside of govt. Or a nice inheritance.[/quote]
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