Federal Employee: 58 with $2.2M - When Can He Retire?

What does retirement planning look like after you’ve already confirmed you can retire? In today’s case study, we walk through the planning questions facing a 57 soon to be 58-year-old federal employee preparing to retire later this year at MRA + 30. He’s in a strong financial position—but his biggest concerns aren’t about eligibility. They’re about making smart decisions around taxes, income timing, and protecting a future spouse. This video is not about whether retirement is possible. It’s about how to retire well. We focus on three core planning areas: • Building and stress-testing a retirement income worksheet • Reviewing a strong balance sheet with a large pre-tax TSP • Understanding tax brackets, Roth conversions, and potential IRMAA exposure Along the way, we explore real trade-offs around spending levels, withdrawal rates, Social Security timing, survivor benefits, and how small decisions today can have a meaningful impact later in retirement. Topics discussed include: • Managing a large pre-tax TSP balance • Roth conversion strategy considerations • FERS pension timing and survivor benefit planning • Special Retirement Supplement (SRS) overview • Social Security timing trade-offs • IRMAA and Medicare premium awareness • Portfolio income planning and withdrawal risk This is a realistic look at the “how” questions many federal employees face in the final years before retirement—especially those with strong balances who want to avoid unnecessary surprises. 📌 This video is for educational purposes only and does not constitute individualized financial advice. If you’re a federal employee approaching retirement and want help thinking through these decisions, feel free to explore more resources on the channel or reach out to schedule a conversation. ------- Let's Connect: Email: [email protected] Linkedin:   / justinholtz   Website: https://districtfa.com/