I’m hoping to retire around September I’ll be 60 with 20 + years. Any basic advice like when to start online process, does specific dates matter ( end of pay period) etc. Any odd things you wish you had known.
I’m hoping to retire around September I’ll be 60 with 20 + years. Any basic advice like when to start online process, does specific dates matter ( end of pay period) etc. Any odd things you wish you had known.
Yes, you want to retire as near the end of the month as possible. Preferably at the end of the pay period so you get full leave credit. DO NOT use any AL that you have not earned as apposed to what is advanced. Make sure you understand all of the FEGLI (life insurance) options, you can do the 75%reduction and when you turn 65 it becomes free. Any of the other options you may have now will get very expensive in retirement so don't give up basic (preferably do the 75% reduction) it just makes sense.
