How This TSP Millionaire Ran Out of Money
Having a lot of money in retirement savings is no guarantee it will last the rest of your life. Here is one real life example.
Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
Having a lot of money in retirement savings is no guarantee it will last the rest of your life. Here is one real life example.
Even if you have long-term care insurance, it is important to have a plan in place to pay the initial expenses.
The author explains four ways that federal employees can negatively impact their retirement savings.
It’s important to be responsible with money, but you also don’t want to take saving for the future too far.
When should federal employees consider filing for FERS disability retirement? What is the process and what are the eligibility requirements?
Is it worth it for federal employees to wait until a later age to retire?
Building an emergency fund to protect against unexpected expenses involves small, deliberate steps and avoiding temptation.
These are three important lessons federal employees should learn about saving in the TSP to help plan for a successful retirement.
In the midst of financial turmoil, the February inflation rate has been released. Inflation is still a problem but the impact of the turmoil remains to be seen.
Federal employees must understand how to utilize all the parts of their retirement benefits to maximize their retirement income.