https://youtu.be/yG3ipcK2PV4 I talked to federal employees all the time and many are surprised by the fact that their social security can be taxed in retirement. After all, payments into the system (at least by employees) are made with after-tax dollars. Most people believe that it is simply unfair to Read more…
https://youtu.be/tn7fvRZ-2VY Generally, people get jobs (either part time or full time) in retirement for one of 2 reasons. First, they want the extra income. Second, they want something to do. Either of these reasons may be plenty of motivation to get a job or even start a business but Read more…
https://youtu.be/30VfzoYRkJY
https://youtu.be/VVeIc2BsTD4 Many people know that when you turn on Social Security can make a big difference to how much you’ll receive over the course of your lifetime. What most people don’t think about, however, is what happens to the amount of Social Security benefits you are eligible for if Read more…
https://youtu.be/bMztYTOsuhI We make decisions all the time (every day) that end up affecting our retirements. This includes small things like how we spend our money everyday and big things like what choices we make in our career. But there are some choices that affect our retirements more than hundreds 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…
The question that we all want to know the answer to is: How much money will be coming my way once I retire? And is it enough? These questions have been asked by millions of Feds and getting the right answers can be a deal breaker in planning your retirement. Read more…
Taking social security early is an attractive option especially for feds. Many federal employees retire in their early sixties and it just seems to make sense starting social security at 62. And for some people this truly is the best option. But in my opinion, many people that start benefits Read more…
https://youtu.be/9VTvFSM9Reg One of the biggest fears and questions for retirees is “Will I run out of money in retirement?”. Understandably, this is a fear of just about everyone (unless maybe you are Warren Buffet). Even though FERS benefits put federal employees miles ahead of most private sector employees when it Read more…
