Are you planning to retire from the federal government within 5 years? If so, then it is crunch time to make sure everything is squared away for a great retirement Here are 5 things that you need to know/do to be prepared. Make Sure You Can Keep Read more…
https://youtu.be/0dABmM4LtIE Dave Ramsey has commented on the TSP (Thrift Savings Plan) many times and most of his advice is rock solid. But some things I had to read twice to just make sure I hadn’t misread anything. Because with anyone’s advice (even mine), you never want to blindly Read more…
Question 1 Can I invest separately with companies such as vanguard for example or open a roth account even though I have a tsp account? Answer 1 Yes, you certainly can invest with Vanguard even while using the TSP. However, if you’d like to use an IRA, there may be Read more…
https://youtu.be/9QSWFIyae8U Do you want to retire early or at least have the option to retire early? If so, you are not alone. Many studies are now showing that many Americans want to retire earlier than ever. But as a federal employee, is early retirement even possible? Read more…
It is common to hear that as a federal employee, “you must have a great retirement, right?” But what does that mean? And what benefits are included in this ‘great retirement’? There are really 7 separate benefits that you (can) have and this article breaks down what Read more…
https://youtu.be/r7BzlRd4IWQ Question 1 So I just retired under voluntary immediate retirement. I took a position with another company and am wondering if there will be an effect on my FERS supplement payment? Answer 1 If you are working at a job or your own business then that income can certainly Read more…
https://youtu.be/ozVhaLfT_oo I bonds have now been thrown into the spotlight after being in the shadows for many years. And that is because they are now returning 7.12%!! Yeah, seriously. To put that in perspective, the G fund only earned about 1.3% in 2021. The reason I Read more…
https://youtu.be/y8ta7GYbZA4 Doubling your TSP. Sounds great right. There isn’t anyone (I assume) who wouldn’t want twice as much money for retirement. But the real question is who has the knowledge (and discipline) to make it happen? Here are key factors to know (and do) to double your Read more…
https://youtu.be/vCGCHYhL1B0 Question 1 Can I retire at 57 (MRA+10), Postpone my pension until 62 and still be able to get around the 10% penalty for early withdrawal from the TSP between 55-59 1/2? Answer 1 The short answer is yes. As long as you retire after the year Read more…
The TSP (Thrift Savings Plan) is awesome at creating wealth and helping you retire confident. However, many federal employees cripple themselves by making one (or many) or the following TSP mistakes. Not Saving Enough Early The most powerful element in investing is time. The more time we Read more…
