Most federal employees don’t start thinking seriously about retirement until they’re within a few years of leaving.
That’s already too late.
Not because retirement is complicated—but because timing decisions compound over decades. The earlier you understand your system, the more options you’ll have later.
The Short Answer
You should start thinking about retirement:
The day you enter federal service.
Phase 1: Years 0–5 (Foundation Stage)
- Enroll in the Thrift Savings Plan (TSP)
- Contribute at least 5% (get the full match)
- Understand your FERS basics
- Stay enrolled in FEHB
Early habits matter most here.
Phase 2: Years 5–15 (Growth Stage)
- Increase TSP contributions
- Understand Roth vs Traditional
- Track pension growth
- Focus on career progression
Phase 3: Years 15–25 (Strategy Stage)
- Estimate pension accurately
- Project TSP balance
- Evaluate retirement timing
- Consider military buyback (if applicable)
Phase 4: 10 Years Out (Decision Window)
- Know your pension projection
- Know your TSP balance
- Confirm FEHB eligibility
- Map retirement income timeline
Phase 5: 0–5 Years Out (Execution Stage)
- Finalize retirement timing
- Plan withdrawals and taxes
- Coordinate income sources
The Real Problem
Most employees start too late and operate on assumptions instead of data.
A Better Goal: Optional Retirement
Not just retiring—but having the option to retire.
Final Thought
You don’t need risky strategies.
You need early awareness and coordination.
Want to Run Your Numbers?
Use FERSFree.com to model your retirement and make informed decisions.