I know how to leverage my Thrift Savings Plan and other investments effectively in retirement.
Personal savings are an important part of the retirement picture for both FERS and CSRS employees. Many federal employees will not be able to meet all of their retirement income needs with their annuity alone. Some will also draw substantially on their savings.
A sound retirement plan considers both the accumulation (your working career) and distribution (retirement) phases. You have spent your working life saving, and you are finishing strong. It is now time to make sure you understand how your retirement accounts function in the distribution phase so that you can maximize your income streams as you begin making withdrawals on your savings.