Hi everyone! This is all of all the Harried Federal Government personnel there. Most government employees are devoted and exerts difficulties. It is a sad situation treated like unwanted medications by the president and supporters. Thousands of staff were fired and renewed by the shapes because the process was illegal. It is a humorous confusion. Nevertheless, the effort to clean the unity work continues. Next week, the legal limit for employees due to all sectors. I am sure that they will open the Vera (Authority Authority Authority Resume) about everyone else. This will allow many elderly government workers to go outside the problems. They should have done this from the beginning instead of trying to turn off people without cause. Today, I want to help those who work well that should take the vera. Read on …
Verera
Here’s a suitable for early retirement.
Meet the lowest requirements and service delivery –
- At least 50 years at least 20 years of state service, or
- Any year aged at least 25 years of identification service.
Thousands of workers are appropriate. This is a good way to reduce workers feed without all drama. I think it’s a great opportunity in the Glow when you qualify. Gote will continue to abuse employees and try to force them. Why live in a hostile job when you are not right? Stay your horses. Can you retire early? Two months ago, many of these state servants organized to continue working for many years. Prepared retirement. I’m here to help. Today, let’s see if you can retire early.
Missing Massage is the Lord
In retirement, cash flow is a king. The cash flow is the amount of income and out of the month. Will show if you can pay your expenses after retirement. We can use RB40’s cash flow from 2024 as an example.
How to waste
First, remove your cash flows on 2024. What? You never followed your earnings and expenses! How do you know how your money is going? I think it’s okay. Most homes do not follow their cash flow. However, your money will change dramatically after retiring. You need to install a hard work and get a strong understanding of the cash flow before retirement.
Repaired costs
First, add all your scheduled expenses. These are all things you need to survive.
- Housing – Taxes, Loan, Property Taxes, Resources, HOA, HOA, repairs and repairs.
- Food – Food.
- Travel – Car Paying, gas, insurance and correction.
- Health care – Health Insurance, Med, Copay, Band Aids, etc …
- Some debts – cell phone, internet, etc.
- Tax – This is a treacherous because retirement will create a big change about your taxes. We can skip this one yet.
You can start according to all debts and account statements from last month. This will give you the idea of where you are. Better if you have a record from the previous year because certain costs are lumpy. For example, our travel spending is usually around $ 200 / month. But it was classified up to $ 1,600 in May 2024. We had to take a spark area and the engine cover. If I didn’t follow my bills every month, I didn’t see that. Anyway, last month is the first place.
Here is the home of RB40 home for Family from 2024.
This is the costs caused by living costs to us, about $ 2,500 / month.
Variable use
Next, add some more and place in a variable stage of spending.
- Kid – Sports, jobs, school journey, gifts, and other different things related to children.
- Entertainment – Food outside and few shows.
- Walking – to spend too much money.
- Personal – hair hair, clothing, and other personal expenses.
- Parents – send me a small amount of my Father last year.
- Misc – everything else.
Our variable spending was $ 33.177 or about $ 2,800 / month. This was surprisingly, this was higher than our scheduled funds. We can reduce this if necessary. But the spending is something that makes life worth it. You don’t want to cut everything out.
OK, we now have the idea of living a life of survival are a comfortable lifestyle. All families are different. You need to sit down and get your family’s money flow. Now, let’s look at the other side of the equation.
Net worth
The incoming part is easy for many families. Many homes have one source of income. That work. If you retire early, you will need income from other sources to pay your expenses. We can look at the revenue of RB40 to see what that looks.
Here’s our cash flow from last year.
I had money from many different sources. They are probably enough to pay our annual money. However, I had to draw $ 1,086 from the duty to help. This is very good. That is why we save by retirement.
For the taskworking of the vera, you will have pension. Check the Internet retirement device to balance how much you will get each month. The bad thing about early retirement is that your pension will be smaller than to work longer. That’s okay as long as the cash flow works.
Build your cash chart
Now, mix your puzzle of retirement. Should look like something like this.
This is just a guide because your costs may be fluid. If your pension may cover the fixed costs, strong. You should be able to reduce your most understanding of your understanding of the retirement. You will not call on many, dress up, or get a hair destruction. However, let us intend to maintain the same way of life.
If you need more money than just pensions, you can draw from savings. In terms of the above, our first retyee will need to withdraw about $ 32,000 from its preservation to maintain the same way of life. We can use 4% law as a guide, but I think that is smaller dice here. The given pension will not receive any living resolution costs (Cola) until 62. If you retire in 52, that is 10 years of inflation from inflation. You will need further withdraws more conservation.
I think 3% of the hourly withdrawal in this case. For $ 32,000, you may need approximately $ 1 million retirement. The beautiful chunk of this should be on the tax account, maybe $ 300,000. You can enter that without penalty before 59 ½.
You will need to check your cash flow every year. If the revocation of savings passes over 4% for a few years, you will need to make some changes. You can try to spend a little or time of time to increase your income. When you have hit 62, things should improve. At that time, your pension will receive social and social security benefits will come in.
Should you take vera?
Okay, if the flow of money looks good, then Vera may be a good option for you. Most employees are planning to retire soon, but the workplace will continue to get worse. Goke makes a job sad by sending many criminals weekly. They produce a lot of busy work for everyone to push people out. That type of work is confused. The survivors who survive the next round they will have to work hard to cover the people who have traveled. In short, work will be sad for a long time. If you are retiring, why are you sticking?
Even if the flow of money looks strong, the original retirement can be a good option. You can take a break for months and look at the work in private fields. One different way to move to a lowly lifestyle. That can help reduce your monthly costs.
Everything in everything, I think the vera is a good way when you qualify. Even if you are not ready for retirement yet, you can take a break to check other options. However, early retirement is not a good thing for everyone. Try it for a while and see if you love it.
Can you take the first retirement option if you qualify? Or can you give and tried a few fewer survival of layofs? Good luck everyone!
Photo Credit: Xavi Cabrera
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