Retirement is an exciting time. It is a major transition from a long career to a lot more free time. Many people look forward to the time that their pension checks will come in every month without them having to get to work. The problem, however, is that many Read more…
https://youtu.be/tp_jlRiee5I One of the great perks of working for the government is the retirement benefits. One of these retirement benefits that is often underappreciated (in my opinion) is your pension. In today’s world, a pension is becoming more rare every day. Big companies have realized how expensive it is Read more…
https://youtu.be/7qN7MLI1aqA Over the last few months, I have spoken with dozens of special provision federal employees who were frustrated with how little information was out there about their benefits and retirement. Afterall, the special provision retirement rules differ from the normal system in some very key ways. The FERS Read more…
https://youtu.be/gLB-dHX7ia8 Numerous studies have agreed that the #1 concern that people have who are moving into retirement is running out of money. And this is completely understandable. None of us want to have to get a job at Wal-Mart just to make ends meet in retirement. We all want Read more…
https://youtu.be/sJrdC0_2oag I am always a big fan of anything that makes life simpler and easier. And the new spillover provision for TSP is going to do just that. For those that haven’t heard about the details yet, let me catch you up. TSP Spillover Provision Basics First, Read more…
https://youtu.be/4nlBSbaQhEw When most people think of financial planning and planning for the future, they think about investing, their TSP, and their retirement income. One side of planning for the future that many people overlook is planning for all the what-if scenarios of life. One of these what-if scenarios that Read more…
Taking Social Security early really gets a bad reputation. Many people on the internet really hound on it being a bad idea. I have to admit that I hound on it sometimes as well. But just like everything else, there are some noticeable exceptions. In efforts to give a Read more…
https://youtu.be/RCu6m1LJitY As FERS federal employees, Social Security plays a huge role in your retirement. It is another great source of fixed income that will supplement your pension and take tremendous pressure off of your TSP. But as we all know, knowing when to take Social Security can be quite Read more…
https://youtu.be/Wg3HOBoNMdI We all have heard that we should invest aggressively while we are young and then be more conservative as we get older and approach retirement. But for many, it can be hard to know what this actually means in practice. In this article, I’ll share my strategy and Read more…
Dave Ramsey answers questions from all over the world on his very popular radio show. And over the years, he has gotten many many questions from federal employees about their tsp and retirement. In general, Dave Ramsey has some great advice. But sometimes it doesn’t apply perfectly to Read more…
