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…
Most of the articles I write are meant for retiring feds. The years approaching retirement are full of decisions that make huge differences for decades to come. But as we all know, planning for the future is like bending down to pick something up, the younger you are, the easier Read more…
One of the great things about the FERS retirement system is that there are opportunities to get a retirement check without clocking the proverbial “20 years”. This gives federal employees more flexibility and career options. https://youtu.be/NfiYISKKEIU One of the most common retirement options for those with fewer years of Read more…
One key difference that I have seen between federal employees and those on the private side is how they think about retirement. Private sector employees generally ask, “when can I afford to retire?” Federal employees, on the other hand, more often ask the question, “when am I eligible to retire?” Read more…
Income and net worth are probably the two most talked about financial metrics in personal finance. When talking about the ultra wealthy, we tend to use net worth to describe their wealth. But when talking about ourselves or others in our close circles, we are much more likely to talk Read more…
I speak with federal employees all the time and some of the same questions seem to come up. Many of these questions come from common misconceptions and myths about FERS retirement benefits. Here are the most common ones. Myth #1: I Can’t Touch My TSP until 59 and ½ Read more…
FERS Employees enjoy many great benefits that it can be a challenge to keep up with them all let alone try to get the most out of them all. This article will summarize your key benefits and some of the most important things to know about each one. TSP Read more…
Working for the government has its perks and all the benefits are definitely among them. But a question that might not have such a unanimous answer is which FERS benefit is the most valuable? Some would say your TSP and others your retirement pension. And while these are great Read more…
Birthdays means something different for everyone but for federal employees, these 8 birthdays really count when it comes to being prepared for retirement. Age 50 Many times, retirement can feel really far away, but there is something about turning 50 that makes it feel closer than ever. Age 50 Read more…
The TSP is a great retirement saving tool, but how does it stack up next to other plans in the private sector such as a 401(k)? Let’s dig into it. In January of 2020 the average TSP balance was $138,933 while the average 401(k) balance was $112,300. The market has Read more…
