FEHB
Q&A: Biggest Change to FEHB in Retirement
https://youtu.be/MLeZpngg-UA Question 1 I have worked for the post office for 30 yrs and understand my retirement benefits pretty well. However, I have a friend that resigned after 10 years of service and went to work at a non government job. Is there any federal retirement pension benefit for them Read more…
Retirement Planning
The FERS Pre-Retirement Course: The Ultimate Guide
https://youtu.be/bCKXDGjEplY Course Details
Retirement Planning
Do You Really Only Need 80% of Your Income In Retirement?
https://youtu.be/K8dzfTYq5gc
FERS Pension
Mistakes on Agency Pension Estimates
As a federal employee approaches retirement a very natural thing to do is to request a pension estimate from their HR. This document can be a great start in knowing what sort of income you’ll have in retirement. But unfortunately, agency estimates are not perfect or in some cases, Read more…
Retirement Planning
Q&A: 10% Bonus and “Annuity” Supplement
https://youtu.be/L4vx01Z-tNg Question At age 60 would I have to take out a TSP annuity to get the “annuity supplement”? Answer Great question. I believe the question stems from a confusion in the words we are using for the different benefits. The FERS pension that many FERS get is the Read more…
Retirement Planning
How Much Dave Ramsey Says You Can Spend in Retirement
https://youtu.be/qSzbLLWZINw Knowing how much money you need to retire comfortably is often a difficult question to answer. There are a lot of opinions on the internet which can make it very difficult for the average joe to know what advice to follow. Recently I came across Dave Ramsey’s Read more…
Retirement Planning
Q&A: How Often You Can Touch Your TSP
https://youtu.be/qsCnFljfQZA Question 1: At age 57, I’ll have 34 years of service. Can I retire at 57 (my MRA), receive the FERS Supplement, and use a 1.1% multiplier or just 1%? Answer 1: No you cannot get a 1.1% multiplier if you retire before age 62. To be eligible for Read more…
Insurance
Should I Get Long Term Care Insurance (FLTCIP)?
https://youtu.be/k7ce1qkYYFk Question 1: Thanks for all your advice on Federal retirement. You provide the best advice I’ve heard, and I am letting my colleagues know. Here is my question: What is the role of Federal Long Term Care Insurance Program (FLTCIP) in a federal retirement? How does this program compare Read more…
FERS Pension
Slowest Times to Retire (For OPM)
https://youtu.be/LjQmeadsJhg With many things in life, when it rains it pours. The same is true for federal employees retiring. Everyone wants to leave at the same time. In 2020, almost 30% of all retirement applications were received by OPM in the first 2 months of the year. Up Read more…