Thinking of retiring early as a Washington State Employee? This podcast dives into everything you need to consider before leaving the workforce. Learn about:Penalties for taking your pension early and how they decrease with more years of service.Options for covering medical expenses if you’re no longer insured through the state.The importance of consulting a financial advisor to avoid costly mistakes.We also answer a key listener question about service credits and how they impact your retirement income. Don’t miss this essential guide for teachers, public employees, and more!0:00 Introduction1:03 Pension Rules for Early Retirement1:24 Alternative Strategies – Using investment accounts instead of pensions3:12 Social Security – Timing and penalties explained4:01 Medical Coverage Options – VEBA accounts, part-time work, and more5:43 Q: Maximizing Service Credits – How more credits boost your pension7:29 Final Thoughts – Balancing retirement timing and life goalsUseful links:⁠⁠Free Washington Retirement Planning Community⁠⁠⁠Plan 3 Investment Advice⁠⁠Schedule Meeting⁠More free resources at ⁠WATRSPERS.com⁠

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