https://youtu.be/E0B9xiWgkdQ Retirement is a strange transition for many people. We are no longer using a paycheck to pay our bills. We are now relying on a mixture of fixed income and investment income to get us through the rest of our lives. Because of these changes, the types of Read more…
https://youtu.be/TVlkiL9YDOQ In working with federal employees, there are two main approaches to planning for retirement that I have seen. The first are those that know exactly what type of retirement they want and they plan for and use their benefits and investments to make their dream happen. The second however, Read more…
https://youtu.be/u4wH9e1ygiA FEGLI, or Federal Employee Group Life Insurance, is one of the largest group term insurance programs in the world and has many advantages. That being said, there are times that it simply doesn’t make sense anymore. This article will help you understand when to opt-in and when to Read more…
https://youtu.be/VVeIc2BsTD4 Many people know that when you turn on Social Security can make a big difference to how much you’ll receive over the course of your lifetime. What most people don’t think about, however, is what happens to the amount of Social Security benefits you are eligible for if Read more…
https://youtu.be/tCwWiy4ORgs Knowing exactly what benefits you are entitled to in retirement is not always a simple thing especially when there is a divorce involved. Nevertheless, knowing what income you’ll have in retirement is key to knowing if you can afford to retire. But before I get too deep into Read more…
https://youtu.be/bMztYTOsuhI We make decisions all the time (every day) that end up affecting our retirements. This includes small things like how we spend our money everyday and big things like what choices we make in our career. But there are some choices that affect our retirements more than hundreds Read more…
https://youtu.be/NhN0bceD6OM A couple of weeks ago, I wrote an article about some of the big retirement differences that FERS special provisions employees need to know. But in efforts to keep that article relatively short, I wasn’t able to cover everything. Here are some more major differences for FERS special Read more…
https://youtu.be/OvXTq0DdZPM Many federal employees do a full 30 year career but many decide on a different career path with much less time clocked. If you do leave the government before you are eligible to retire immediately, one of the biggest decisions that you need to make is whether or Read more…
The L funds are a very popular choice especially now that they are the default investment for new employees. Consequently, a question that I get all the time is, “Which L fund is the best?” And while there is certainly not a “Best” option, there are dramatic pros and cons Read more…
