I’ve got good news and bad news. Bad news: Some federal employees will be forced into Medicare whether they want to or not. Good news: But for now, this new rule only applies to USPS employees. But if it goes well then they’ll probably come for everyone Read more…
https://youtu.be/jph5RZNWBkk Your TSP (Thrift Savings Plan) is an awesome place to save for retirement and get tax benefits. But what happens to your TSP when you die? Where does it go? Who has to pay taxes/penalties? When do they have to withdraw it? This article will help Read more…
https://youtu.be/N53di8zrE4E How much do you need in your TSP for a great retirement? 1 Million? 2 Million? Or 200k or 500k? Every “expert” seems to have a different answer. And it is all very different for federal employees who also have pensions, Social security, and more. Read more…
https://youtu.be/LUiUTpxXtAs All happy and successful retirees tend to have a lot in common with each other. But unhappy retirees tend to also share habits amongst themselves that make their retirements painful. Having a great retirement is a mixture of doing the right things while also avoiding pitfalls. Read more…
https://youtu.be/c0ClawiMchk Question Both my husband and I work for a VA. I will be retiring soon but he will still be working for a couple years after me. I plan on providing a survivor benefit for him because he will only have worked for the VA for 5 years so Read more…
https://youtu.be/_Wf04VX3sAg Retirement’s most popular nickname is the “Golden Years”. And it really can be golden. But many still describe going into retirement as “walking off a cliff” or “walking into the unknown”. Doing something new after a 20-40 year career is always nerve racking but to help Read more…
https://youtu.be/h-CujpwEkZw There is no perfect TSP strategy that is perfect for everybody but some strategies will help you reach your goals much better than others. And how you invest in your TSP is only 1 of 3 things that will make or break your retirement. Here are the Read more…
https://youtu.be/UOF9Lqjqe-0 You’ve put in your time as a federal employee and you know you want to retire soon. But are you really ready? If you want to retire this year then here are the 3 things you need to do. Are You Eligible? If you want Read more…
https://www.youtube.com/watch?v=iqw0mXHOB_8 If you have any unused sick leave on the books when you retire then it can help increase your pension for the rest of your life. But only if some criteria are met. What it Gets You Your pension is based on your high-3 salary, your years of service, Read more…
https://youtu.be/DjZDjBUzx2g Nobody wants to run out of money in retirement. Many choose to work longer in efforts to avoid this problem. But not having enough life for your money is a massive problem as well! Life Is Shortish Working an extra year or two often feels Read more…
