Q. Does a buyback make sense if you are going to retire in the next approximately three to five years?

A. While there is no universal answer to this question, a buyback should be the default against which you compare any other options you might consider for generating retirement income. For the price you’ll pay, a CSRS or FERS annuity is a hard value to beat.


About Author

Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to and view his blog at

Leave A Reply