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Last Paycheck vs. First Retirement Check

October 15, 2024 Chris Kowalik

A detailed explanation of how you can expect your pay to change once you retire from federal service (“employed vs. retired”)

  • INCOME: changes in gross income you can expect as a retiree
  • EXPENSES: which expenses go up and which go down in retirement
  • SHORTFALL: how you can fill the income gap (but there’s a catch!

  • Download Handouts
  • Register for our next 30-minute webinar: FedImpact.com/webinar
  • Find a comprehensive retirement workshop for your area: FedImpact.com/attend

Related:

  • How to Deal With OPM's Delay in Retirement Application Processing
  • OPM Retirement Application Backlog Surges to 50,000 in December

About Chris Kowalik

Chris Kowalik is a federal retirement expert and frequent speaker to federal employee groups nationwide. In her highly-acclaimed FedImpact Workshops, the FedImpact Podcast, and the FedImpact Webinars, she empowers employees to make confident decisions as they plan for the days when they no longer have to work. Chris’ candid and straightforward nature allows employees to get the answers they need and understand the impact these decisions have on their retirement.
DISCLAIMER: The information presented on MyFederalRetirement.com is provided for general information purposes. The information has been obtained from sources considered to be reliable. The information is offered with the understanding that the publisher is not engaged in rendering legal, accounting or other professional services. If legal advice or other expert assistance is required, the services of a competent professional should be sought. For more information, please read our Terms of Service.
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