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Inflation doesn't always show up loudly, and for many federal employees and retirees, the biggest danger is assuming COLA will protect their retirement income.
In this episode of the Plan Your Federal Retirement podcast, Micah Shilanski, Managing Partner, Wealth Advisor, and Luke Eberly, Wealth Advisor, break down the "COLA mirage": why cost-of-living adjustments often fail to keep pace with real inflation, rising FEHB premiums, and increasing expenses. They explain how COLA works differently for federal employees, FERS retirees, Social Security, and special provision employees, and why many retirees see their buying power shrink year after year, even after an increase.
Listen in to find out what practical steps you can take before and during retirement to guard against inflation, help protect your cash flow, and avoid spending down your retirement savings too quickly.
https://zurl.co/RFWJd
By Micah Shilanski & Tammy Flanagan4.7
127127 ratings
Inflation doesn't always show up loudly, and for many federal employees and retirees, the biggest danger is assuming COLA will protect their retirement income.
In this episode of the Plan Your Federal Retirement podcast, Micah Shilanski, Managing Partner, Wealth Advisor, and Luke Eberly, Wealth Advisor, break down the "COLA mirage": why cost-of-living adjustments often fail to keep pace with real inflation, rising FEHB premiums, and increasing expenses. They explain how COLA works differently for federal employees, FERS retirees, Social Security, and special provision employees, and why many retirees see their buying power shrink year after year, even after an increase.
Listen in to find out what practical steps you can take before and during retirement to guard against inflation, help protect your cash flow, and avoid spending down your retirement savings too quickly.
https://zurl.co/RFWJd

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