https://youtu.be/Yva8tyQ4PxY Your FERS pension is actually pretty simple. There are only 3 things that go into it so if you increase any one of those 3 things then you’ll have more income in retirement. Here are some of the most common strategies to increase your pension. The Read more…
https://youtu.be/a9OgQ0FA7FM Social Security is a very different program from what it once was. The program began in the 1930s when the average life expectancy was 58 for men and 62 for women. And back then, when was the earliest they could start benefits? Age 65. Change is Read more…
https://youtu.be/lMVQSZrmVDw The cheapest way to pay for long term care is to not get insurance, cross your fingers you never need it, and pray. And this strategy works great… some of the time. But for those that aren’t gamblers, here are some other strategies to consider. What Read more…
https://youtu.be/fpfYs4VpWXk Getting money into your TSP is pretty easy. It simply goes straight out of your paychecks and you don’t have to think about it much. But getting money out of your TSP can be more complicated as it isn’t as familiar and it often has tax implications. Read more…
https://youtu.be/BfduKnfjYOU You’ve made it to the final stretch of your career and you are about to cross the finish line. The last thing you want to do is to trip right before hitting the tape. Filling out your retirement application is one of the last things you do Read more…
https://youtu.be/jD0ZUtM6Xps Don’t get me wrong, retirement can be an incredible season of life. I have lots of clients that absolutely love retirement. But it is far from a fix-all. Some things simply follow you into retirement. Sticky Additude There was a couple driving on the Read more…
https://youtu.be/8ndXfwNGtkI A pension estimate from your agency (or online tool) can be a great way to know what you’ll get in retirement. But most estimates are far from perfect and can be misleading if you don’t know what you are looking for. Taxes Taxes On almost all Read more…
https://youtu.be/LQ6hAZfewVY To do well in your TSP you have to be an expert, right? You have to study the markets for hours everyday to know exactly when to buy and when to sell. Fortunately, neither of those statements are true. Anyone can do exceptionally well in their TSP just by Read more…
https://youtu.be/5QT0K2v_i8w I worked with a federal employee last year who was really excited for retirement. He had prepared well and only had 4 years left. Then everything changed. Over a single weekend, his spouse was diagnosed with a life threatening disease and his oldest son died in a Read more…
https://youtu.be/Oj1GQ93-Fks FEGLI (life insurance) prices can be very sneaky. They come right out of your paycheck and the price often goes up without an announcement. And to be frank, few people actually know what they are paying and if it is worth it. But now you’ll know. Read more…
