I live “inside the beltway” which is a geographic area known to have a high concentration of current or retired federal employees.  I too am one of those retired federal employees. It was recently brought to my attention that the 2015 article written by Gary Fouts is still relevant today.  There are many valuable retirement benefits from the federal government. I was pleasantly surprised to learn that my health insurance benefits are worth approximately $400,000.  That means my husband (who is also a federal government employee) and I don’t have to save another $800,000 to pay for our possible medical costs during our retirement.  That’s equivalent to winning a $1M lottery!