TSP/Investing
Q&A: Why Order Matters (A Lot!!) with Your TSP
https://youtu.be/mgL13LuJJxo Question As always, thank you so much for your clear videos. For the most part you clear up the murky topic called retirement. My question is: I’m 59 and retiring this year and I have just sold my home. The proceeds of that sale went to pay off Read more…
TSP/Investing
How to Access Your TSP Before 59+1/2 Without Penalty
Retirement accounts (TSP, IRA, 401k etc.) can be a great way to save money for retirement while also getting significant tax benefits. But with these benefits comes a number of rules that limit when and how you can access these funds. One of the most well known rules Read more…
TSP/Investing
Q&A: Does The TSP Work in Retirement?
https://youtu.be/DP6ITRdbZmQ Question Regarding employees who leave federal service before retiring: Can you tell us about the process for applying to receive a refund on FERS, yes FERS, contributions. Answer If you want to get a refund for your retirement contributions then you need to fill out SF 3106 and Read more…
TSP/Investing
Don’t Make This Big TSP Retirement Mistake
https://youtu.be/h2cQ5GwZIQw Making the most of your money often comes down to not exposing yourself to too much risk. But we have to remember that there are many types of risk in this world and being too aggressive with your investments is just one of them. For example, most 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…
TSP/Investing
TSP Investment Strategy for Retirement
https://youtu.be/PYrqI7np-oE It is often much easier to not worry much about the market when we are still far from retirement. However, as we approach retirement, it often takes much more emotional fortitude to stick to a long-term strategy when the market is volatile. But one thing that we Read more…
Retirement Planning
Questions and Answers: F.I.R.E for Feds
Question 1 Just found your page and it looks really helpful. I am stuck in a retirement training through my agency and it is useless. So started googling and found your articles. Do you have any articles on how to retire long before your MRA (40s/50s)? Along the lines of Read more…
Retirement Planning
Have You Saved More Than Your Private Sector Counterparts?
Your TSP is an incredibly important part of your retirement plan. It is often the only type of your retirement income that you can directly control. While your pension and Social Security are important as well, they are pretty much fixed once you retire. Your TSP offers flexibility Read more…