The Inevitability of Down Markets Here’s the deal: throughout your retirement, there are going to be down markets multiple times. That’s just how it works. Every few years, there’s going to be a fairly significant one, and every ten years, there’s going to be a really big one. That’s just Read more…
For decades, one of the most powerful assets you had as a federal employee was your seniority. The more years of service you accumulated, the more protection you had during a Reduction in Force (RIF) or similar workforce restructuring. However, these long-standing rules might be changing soon. The Office of Read more…
https://youtu.be/l9qiw_OfNus Your federal career is a marathon, and picking a date to retire is the final leg. The last thing you want is to trip right before the finish line. To ensure a smooth transition into retirement, it is crucial to understand the financial implications of your chosen retirement date. Read more…
https://youtu.be/VMIfn4Qj4n0 Retirement brings many certainties—a pension, more time with family, freedom from the daily commute. What it does not bring is certainty about your health. Medical costs in retirement are, by their very nature, unpredictable. You cannot know exactly what conditions will arise or what treatments you will need. But Read more…
https://youtu.be/x5LqTLscgiU Every year, thousands of federal employees leave the Thrift Savings Plan (TSP) to take advantage of the greater flexibility and investment options that an Individual Retirement Account (IRA) can offer. The move can be a smart one—but only if it is executed correctly. Getting the money from the TSP Read more…
https://youtu.be/g8wQQTWDx3c When economic headlines begin to scream about an impending recession, many federal employees find themselves paralyzed by uncertainty. Without a concrete plan, most fall into one of two dangerous traps. They either freeze and do nothing while their account value plummets, or they panic and move their entire balance Read more…
https://youtu.be/hysqGtdG9aI For many federal employees, the Thrift Savings Plan (TSP) is the crown jewel of their retirement strategy. As you approach the finish line of a long career, a specific number often starts dancing in your head. Is it $2 million? Is it $500,000? Or, as we are exploring today, Read more…
A common question among federal employees is, “when is the earliest I can retire?” It would be great to have a simple answer to that question. Federal employees have the ability to retire at many different ages depending on their years of service and what benefits they prefer to have Read more…
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…
