Nervous Feds Nearing Retirement Continue to Ask, ‘Am I Invested Correctly?’

By on May 17, 2017 in Q&A, Retirement with 0 Comments
Nervous Feds Nearing Retirement Continue to Ask, ‘Am I Invested Correctly?’

I am under FERS and plan to remain in federal service until I get an additional 10% annuity, but am wondering if my TSP funds are invested correctly.

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Can Feds Overcome the Political ‘Butterfly Effect’ Impacting Their TSP Savings?

By on April 25, 2017 in Retirement with 0 Comments
Can Feds Overcome the Political ‘Butterfly Effect’ Impacting Their TSP Savings?

A political event can cause a temporary shake up in the stock market. What does this mean for your TSP account, and how do you know if you are taking the right amount of risk for your personal situation?

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Is the TSP TOO Cheap?

By on March 23, 2017 in Pay & Benefits with 0 Comments
Is the TSP TOO Cheap?

The author says that one of the TSP’s greatest strengths (its low costs) can also be one of its greatest weaknesses.

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Will I Be Forced to Spend My TSP When I Get Older?

By on February 14, 2017 in Q&A, Retirement with 0 Comments
Will I Be Forced to Spend My TSP When I Get Older?

I am 61 and getting ready to retire soon when I turn 62 and can draw my Social Security. It doesn’t appear I will ever need to touch my TSP or IRA, however, I was told I have to spend my TSP when I get older – is this true?

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Can I ‘Double Up’ My TSP Contributions If I Retire During the Year I Turn 70 and a Half?

By on January 26, 2017 in Q&A, Retirement with 0 Comments
Can I ‘Double Up’ My TSP Contributions If I Retire During the Year I Turn 70 and a Half?

I will turn 70 at the end of 2017 and was contemplating retiring at the end of that year. If I delay retirement until June 30, 2018 (the year I will turn 70 and ½), can I “double up” my TSP contributions and catch-up contributions as if I worked the full year?

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Who Wants to be a Millionaire?

By on October 12, 2016 in Retirement with 0 Comments
Who Wants to be a Millionaire?

Want to be a millionaire someday? These are five habits that people who become millionaires practice that helped them get there.

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Federal Retirement Lone Rangers: Do They Need a Fiduciary Tonto?

By on September 25, 2016 in Retirement with 0 Comments

The author notes that despite his handle, the original Lone Ranger didn’t actually ride alone. He had the assistance of Tonto, his trusted companion. Federal employees considering planning their retirements alone can learn from this analogy: they can often fare better with the assistance of a trusted guide to help them. The author provides suggestions on what to look for in a federally focused financial planner.

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Can Career Complacency Cause Retirement Regret?

By on August 8, 2016 in Q&A, Retirement with 38 Comments
Can Career Complacency Cause Retirement Regret?

I am a 42 year old GS-10 FERS employee with 12 years of service. As long as I work at least 30 years and put 5% into the TSP, will my retirement income be that much different from someone that is a higher grade than me?

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The Brexit Effect and Your TSP

By on July 22, 2016 in Q&A, Retirement with 38 Comments
The Brexit Effect and Your TSP

I am at most four years away from retirement and am worried about another stock market decline along the lines of 2008 in light of events such as Brexit and the upcoming elections. Should I stick with a more moderate/aggressive investment approach in my TSP or move into something less risky?

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The Old D.I.Y. Approach to Federal Retirement: Will it Work for FERS Employees?

By on June 13, 2016 in Retirement with 114 Comments
The Old D.I.Y. Approach to Federal Retirement: Will it Work for FERS Employees?

The author says that under CSRS, a do-it-yourself approach to retirement was more practical for federal employees, but those under FERS may face bigger obstacles trying to go it alone.

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