Civil Service FIRE

Why You Don’t Need to Max Your Pension

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Pension Strategies for FIRE How does a pension fit into your retirement plan? A. Your only source of incomeB. Your main source of income as retirement accounts are exhaustedC. An important supplement to retirement accountsD. A nice risk mitigator but otherwise mostly extra Option A cannot be the answer if retiring early. Barring a few … Read more

How a 457(b) Can Help You Reach FIRE

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Introducing the 457(b) If you work in the public sector at the state, local, or school level, you likely have access to a 457(b) deferred compensation plan. When I started my county job, I ignored the benefit altogether because there was no match. I eventually opened the account with a 10% contribution to optimize my … Read more