Ep09: From Federal Pensions to Second Careers featuring Love Rutledge
Manage episode 419245830 series 3575212
Do you love your work but wonder if pursuing a second career after retiring from the federal government is possible?
In this podcast episode with host Jeff Gill, guest Love Rutledge shares valuable insights on retirement planning tailored explicitly for federal employees. Love delves into the everyday challenges federal employees face when understanding retirement rules, calculating retirement funds, and planning healthcare coverage. Love emphasizes the significance of emotional preparation for retirement, which includes maintaining social networks and exploring new activities. Additionally, they shed light on the importance of debt planning and budgeting for hobbies. Love also provides advice on early retirement considerations, such as potential penalties and the potential for a second career. This episode is a must-listen for anyone in government service planning for retirement.
🗝 Key Takeaways:
✅ Understanding federal retirement rules and calculating retirement funds can be challenging for federal employees.
✅ Emotional preparation for retirement is crucial, including maintaining social networks and finding new activities.
✅ Debt planning and budgeting for hobbies are essential aspects of retirement planning.
✅ Early retirement considerations should include potential penalties and the possibility of a second career.
Love Rutledge is a seasoned professional coach specializing in aiding busy public servants and private sector professionals. With over two decades of government experience, she has led diverse teams of federal civilians, military personnel, and contractors. Love is a trained coach, a devoted wife and mother of two, and a skilled podcast host. Her expertise lies in guiding clients through the most challenging aspects of their careers and personal lives, offering invaluable support and insights to help them thrive.
📞 How to Reach Love: Executive Coach and Host, FedUpward Podcast
Email: love@fedupward.com
Phone: 202-297-5238
https://www.linkedin.com/in/love-rutledge/
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