Here are the 15 most important questions to ask before you make the retirement plunge:

1. Do you know when you can retire without penalty?

2. Do you have a plan to reduce debt before retirement?

3. Do you know the best retirement month for a federal employee?

4. Are you prepared with an emergency fund for your retirement transition?

5. Do you have updated beneficiary information, wills, and estate planning documents?

6. What is your age 62 social security benefit?

7. Do you know your creditable service years?

8. Have you kept track of your accrued leave time?

9. Have you prepared for the interim-pay period that follows retirement?

10. Do you have Special Retirement Supplement eligibility?

11. Have you made your military service time deposit?

12. How is your TSP account balance distributed between the various funds?

13. Do you have the right coverage for Federal Employee Group Life Insurance and long-term care planning?

14. Do you understand how your unused annual leave is considered at separation?

15. Have you been enrolled in FEHBP at least five years before retirement?

It’s critical to know the answers to the above questions, but maybe you're stumped. That’s okay, we can help you find the answers.

The information provided is not intended as tax or legal advice. Figures shown are for illustrative purposes only furthermore, the information nor the illustrations provided may not be used to avoid any tax penalties. This content represents the general views of Christy Capital Management and should not be regarded as personalized investment advice Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice. Retirement Benefits Institute, Inc., and a portion of its contents merged with Christy Capital Management Inc. Brandon Christy, former President of Retirement Benefits Institute, is also the current President of Christy Capital Management, Inc, a registered investment adviser.

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