How a Financial Advisor Can Help You Boost Federal Retirement Income
If you're a federal employee, you’ve got access to valuable benefits through the Federal Employees Retirement System (FERS) and Federal Employees’ Group Life Insurance (FEGLI). But to get the most out of these programs when you retire, it helps to work with a financial advisor—someone who understands how to turn your benefits into a real retirement plan. With expert guidance, many federal employees can see a 20–25% increase in income during retirement just by using their benefits more effectively.
With the right planning, your federal benefits can do more than you think. A financial advisor helps you turn FERS and FEGLI into a strong retirement plan—and helps you keep more of what you’ve earned.
🧩 What You Get with FERS:
- A guaranteed pension based on your salary and years of service.
- Social Security income after retirement.
- The Thrift Savings Plan (TSP)—a retirement account with matching contributions up to 5%.
- These three pieces work together to form your retirement paycheck.
🛡️ What FEGLI Does:
- Basic life insurance coverage is automatic (unless waived).
- Optional coverage (A, B, C) for extra protection for you and your family.
- Rates go up with age, so it’s smart to review FEGLI regularly.
- A federal retirement consultant (FRC) can help you compare FEGLI life insurance options.
💼 How a Federal Retirement Consultant
(FRC) Helps:
- Shows you when and how to retire to get the most income.
- Review your TSP for clarity.
- Review FEGLI early to assess your options.
- Helps structure your benefits so you can increase your retirement income by 20–25%.
- Makes sure your family is protected and your future is secure.