Federal Employees Retirement & Benefits Podcast by CD Financial
The objective of this podcast is to educate and enlighten you about your federal benefits and to guide you in creating a well-formed retirement income plan.
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Federal Employees Retirement & Benefits Podcast by CD Financial
What Happens When You Retire at 57 Instead of 62? Best Age to Retire
Watch the video version here: https://youtu.be/jSKGQeQUlkU
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Chapters
0:00 - Understanding the Minimum Retirement Age (MRA)
0:17 - Retirement Options for Federal Employees at 57
1:17 - How the FERS Supplement Works
2:19 - Penalty-Free Retirement at Age 60 with 20 Years of Service
2:45 - The 10% Bonus for Age 62 and 20 Years of Service
3:05 - Should You Retire at 60 or 62?
3:50 - Charted Retirement Course Overview
4:25 - Final Thoughts and Recap
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