In this episode, Dan and Katelyn discuss how housing costs in metro areas like the DMV, San Francisco, and New York City are outpacing federal pay. They share practical strategies to bridge the housing gap, from relocation and shared housing to mortgage programs and financial planning, and break down the 2026 pay raise outlook, comparing the White House and OPM proposals and what they mean for federal employees.
Dan explores housing affordability challenges in major metro areas like the DMV, San Francisco, and New York City-where housing costs continue to far outpace federal pay increases. He breaks down the widening gap between pay and housing, and offers practical strategies for federal employees, including shared housing options, exploring emerging neighborhoods, leveraging agency-specific programs, government-backed mortgage options, and relocation opportunities. He also outlines financial planning moves, long-term considerations, and the importance of proactive housing security planning.
Katelyn follows with an overview of the 2026 federal pay raise outlook, detailing the White House’s proposal (a 1% across-the-board raise and a 3.8% increase for certain law enforcement officers) and OPM’s recommendation (a 3.3% across-the-board raise plus an average 18.88% locality adjustment, with some metro areas exceeding 20%). She explains how these figures were derived under the FEPCA formula, contrasts them with the President’s alternative plan, and discusses the broader planning implications for federal employees.
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The FedLife Podcast is your in-depth, biweekly deep dive into the world of federal benefits and retirement planning. Hosted by federal benefits expert Ed Zurndorfer and Dan Sipe of Serving Those Who Serve, each 30-minute episode unpacks the complexities of FERS and CSRS retirement, FEHB and Medicare, survivor benefits, tax planning, and more. Designed for federal employees and retirees who want more than just the basics, FedLife goes beyond the headlines to explore the rules, nuances, and strategies that can make a meaningful difference in your retirement. Remember: it’s your Fed life, make it a great one.
The Fed15 Podcast is your weekly 15(ish)-minute briefing on federal benefits and financial planning, built specifically for federal employees and retirees. Hosted by Dan Sipe and Katelyn Murray of Serving Those Who Serve, each episode delivers clear, actionable guidance on topics like FERS and CSRS retirement, TSP strategies, FEHB, survivor benefits, tax planning, and more! Whether you’re five years from retirement or already there, The Fed15 helps you cut through the noise, avoid costly mistakes, and make confident decisions about your federal benefits.
