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/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…
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…
