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In retirement, your pension receives COLA’s or cost of living adjustments which are basically pay raises every year based on what inflation did the year before.
These COLA’s are a huge help in maintaining your standard of living over time.
But as traditional FERS your pension doesn’t receive any COLA’s until you are 62. This means that if you retire in your late 50’s then you will have a number of years during which you are highly vulnerable to inflation.
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I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.