https://youtu.be/HUGLoKUS8IE Question Hi Dallen. I listen to your podcast and I deliver mail every day. You’re awesome! My question is about the 4% rule on TSP. Do I withdraw it once a year, every six months etc. and do I do it at the end of each year or during Read more…
Especially as one retires, there can be numerous reasons to move money around into different retirement accounts. This might be from the TSP (Thrift Savings Plan) to an IRA, a traditional IRA to a Roth IRA, or even a traditional IRA to a separate traditional IRA. And while Read more…
Question I very much appreciate your podcast and videos. Thank you for producing them. I have a question about traditional TSP to Roth IRA transfers/conversions. I know that each conversion creates a new Roth IRA account and a new 5 year clock for penalty free withdrawals. However I am Read more…
https://youtu.be/4K85lfRwOdY
https://youtu.be/4T6nuseF5xM What is going to be your biggest expense in retirement? Well, if your mortgage is paid off then it is probably going to be keeping Uncle Sam happy. Aka. Taxes. And while you will almost certainly pay taxes on your FERS pension and Social Security, the biggest tax mistakes Read more…
Question 1 We all keep hearing about magic retirement dates for end of pay period, end of month, end of year…..but for a person not interested in nor planning to cash out annual leave and retire mid-year, the only minute reason might be having a couple of calendar days where Read more…
One of the biggest mistakes I see all the time is that most retirees focus 100% on asset allocation (aka what things they are invested in) and completely ignore asset location (aka strategically putting certain investments in certain accounts). Because of this, most people end up paying way more Read more…
https://youtu.be/e249ZJFJF2c Question 1 I’m about 8 years from retirement. As soon as the Roth was available I converted my TSP to it. About 1/3 of my total TSP is conventional. When it comes time to start withdrawing, how do you deal with the two different types? Answer 1 Any Read more…
