Get ready, get set … retire!
The questions to ask at this stage of your life are countless. And the goal of PlanToday.fedex.com is to provide you with as many of the answers as possible.
One of the tools provided here is The Path to Your Retirement guide, which has been specifically prepared for those at FedEx who may be close to retirement. More importantly, it is customized according to the FedEx operating company where you are employed.
The guide is divided into sections that reflect time periods prior to your retirement – such as 12-18 months before retirement, 9-12 months before retirement, and so on.
And it gives resource information on questions you might have like:
- How to estimate health care and other costs after retirement and how they might impact your decision to retire on a specific date.
- Should you consider long-term care insurance?
- When should you start receiving your Social Security benefits?
- How to request a retirement packet.
PlanToday.fedex.com offers suggested reading below … with the goal to answer as many questions as possible for you as you head toward your future in retirement.
Need help deciding if you’re ready to retire? Can you afford it? Do you have a plan? What about taxes? What are you going to do with your time?
Retiring before age 65? Consider this information and these tips regarding health care.
Right now, your main source of income is your job. When you retire, that will change. U.S. News & World Report Money.com explains.
- How do I estimate my benefits in the FedEx Pension Plan?
Run a Pension Plan retirement estimate at retirement.fedex.com.
In this CBS MoneyWatch.com article – Make Your Money Last for Life – it makes the point that you should be obsessed with managing your savings … and it gives you tips for choosing and sticking to a strategy that will work for you.
Want a deeper dive into this question? Go through some of the principles of retirement planning with a Certified Financial Planner™ using this on-demand workshop from Vanguard.com. With the interactive worksheets, you'll get a preview of where your money will come from and how long it may last.
The Social Security Administration provides this electronic fact sheet that emphasizes your choice is a personal one, and it then walks you through the decision-making process.
Now that’s a question that should be of interest to almost everyone. Who wouldn’t want to double their Social Security benefits? CBS MoneyWatch.com says you can boost your retirement nest egg if you delay the start of your benefits from age 62 to age 70.
Want to get an idea of what others are doing? You might not be surprised to read that, according to this article from U.S. News & World Report Money.com, seniors 65-74 spend 6.77 hours in the day on sports and leisure and 0.35 hours on exercise.
Don’t be a victim. And, to make swindlers harder to identify, some of them are themselves of retirement age. Be cautious. Ask questions. Seek advice.
A revocable living trust can mean no probate. As a result, heirs save both time and money associated with potential legal proceedings.
Should you claim Social Security benefits as soon as you're eligible or wait until your full retirement age? Kiplinger has some tips to help you decide the answer that is right for you.
The Path to Your Retirement Guide
Please select your operating company from the list below:
- Federal Express Corporation
(includes employees residing in Puerto Rico)
- FedEx Corporate Services, Inc.
- FedEx Corporation
- FedEx Freight Corporation
(holding company employees only)
- FedEx TechConnect, Inc.
- FedEx Trade Networks, Inc.
- FedEx Trade Networks Trade Services, Inc.
- FedEx Trade Networks Transport & Brokerage, Inc
- World Tariff, Limited
- FedEx Custom Critical, Inc.
- FedEx Truckload Brokerage, Inc.
- FedEx Freight, Inc.
- FedEx Ground Package System, Inc.
(excluding employees classified as package handlers)
- FedEx SmartPost, Inc.
(excluding employees classified as parcel assistants)
- FedEx SupplyChain Systems, Inc.
Terms to Know
The accumulation or addition of specific benefits over time, usually based on a set formula(s) as in a defined benefit pension plan.