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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I like government workers, in part, because they’re my financial advisory clients. On average, my government workers are far, far better prepared for retirement than most of my other clients. The pension and subsidized health insurance are massively helpful. If a family has two federal workers, the 401ks hardly matter. I’m just saying that many - maybe not all - federal employees have it very good - especially in the long-run - compared to most DC folks. Perhaps, that helps soften the blow of RTO. [/quote] Explain to me how good I have it because I don’t see how I’m going to pay for college on two federal salaries without selling my real assets. Yes, I’ve maxed out my TSP. But that’s all I’ve got plus some equity in my house and the rental property we own. No unsecured debt really, but we aren’t saving. Retirement is 15-20 years away and with pay compression my earnings are essentially capped. I can’t depend on inheriting money like some. I can’t even depend on being employed or alive for the next 20 years. My view is to maximize earning while the earning is to be had. The days of working for government for 40 years are gone. [/quote] How is paying for college unique to feds? Private industry workers figure it out. You pay what you can, or your kids take out loans, or they go to community college. Like everyone else.[/quote]
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