# Countdown to retirement

**URL:** https://boards.straightdope.com/t/countdown-to-retirement/981653
**Category:** Miscellaneous and Personal Stuff I Must Share
**Created:** [March 25, 2023, 5:37pm UTC](https://boards.straightdope.com/t/countdown-to-retirement/981653 "2023-03-25T17:37:37Z")
**Posts on this page:** 1
**Showing post:** 765

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### Author: ![Dag\_Otto](https://avatars.discourse-cdn.com/v4/letter/d/439d5e/32.png) [@Dag\_Otto](https://boards.straightdope.com/u/Dag_Otto)
#### Post date: [December 20, 2024, 11:23pm UTC](https://boards.straightdope.com/t/countdown-to-retirement/981653/765 "2024-12-20T23:23:39Z")

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> [@Crafter\_Man](#):
>
> My current job has a “Thrift Savings Plan.” I have absolutely no idea what’s the best thing to do at this point, retirement-wise.

If you stick around the Fed job until you are 62 and have 5 years of service, you’ll have FEHB benefits for life (with the Govt picking up 75% of the cost). Probably the biggest (or only) perk of having a Fed job at this point. Make sure you know the requirements for a federal retirement.

As for the change in asset allocation (shifting to more conservative investments), I doubt you ‘need’ to do anything. You may want to do something, but don’t need to.

There was a recent thread about the [value of Financial Advisors](https://boards.straightdope.com/t/the-value-of-financial-advisors/1010506) recently, in case you missed it. Beware of high fees. Hell, beware of all fees.

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