Retirement Planning
More Big Risks for FERS Retirees
https://youtu.be/9jJWUFgvAZc A big part of being financially fit is managing risk. For example, to manage the risk that we die prematurely, we get life insurance. To manage the risk that one company will go out of business, we invest in a diversified portfolio. Risks will always be present Read more…
Retirement Planning
The Biggest Risks for a FERS Retiree
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…
Estate Planning
How to Make FERS Retirement a Reality for You
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…
FERS Pension
Leaving Federal Service Early? Read This Before You Remove Your Retirement Contributions
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…
Retirement Planning
Can You Retire With Only $250,000 in Your TSP?
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…
Retirement Planning
Don’t Leave Your Spouse Without Income Before You Retire!
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…
Retirement Planning
4 Good Reasons to Start Social Security at 62
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…
Retirement Planning
Read This Before You Start Social Security at 62
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…
Retirement Planning
How To Protect Your TSP in Retirement
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…