A lot of finance consists of very educated people being shocked when something that’s consistently happened for hundreds of years happens again. – Morgan Housel Leading up to 2022, there had been 26 bear markets… Read More
Mapping Out Your Retirement Cash Flow Strategy Part Two: Social Security and Beyond
Creating a retirement cash flow strategy can be daunting. If you’ve spent the better part of your life budgeting based on the money that comes in from your job, creating a cash flow plan from… Read More
Mapping Out Your Retirement Cash Flow Strategy Part One: Investments and Savings
Many retirees face a mental roadblock when it comes to entering the “decumulation” phase of life. They’ve spent so many years building a comfortable nest egg, and the idea of saving is deeply ingrained in… Read More
How Might Inflation Affect Your Retirement Plans?
The subject of inflation has dominated the recent economic news. After a decade of low inflation rates averaging around 2%, the core inflation rate has soared in recent months. Inflation jumped from 2.6% in March… Read More
How the IRMAA Could Increase Your Medicare Premiums — and What You Can Do to Avoid This
One assumption some people have about retiree healthcare expenses is that when they turn 65 and become eligible for Medicare, their health insurance will be a low rate that doesn’t change. While it’s true that… Read More
What You Should Know About Postponed and Deferred Retirement Under FERS
How FERS Regular Retirement Works Before digging into postponed and deferred retirement, let’s first look at how FERS regular retirement works. Once you have at least 30 years of federal government service, you can retire… Read More
What Are Your TSP Investment Options — and How Can You Build a Retirement Portfolio with Them?
As a federal government employee, one key source of retirement income is likely to be the Thrift Savings Plan, or TSP. This is the federal government’s version of a 401(k) plan, a popular retirement savings… Read More
Is There a Role for Real Estate in Your Retirement Financial Plan?
The best retirement financial plans don’t rely on just one source of income. Instead, they feature a variety of different income sources, such as personal savings via an IRA, 401(k) or 403(b) plan; Social Security… Read More
What You Need to Know About Standard Form 50
When it comes to retiring as a federal government employee, there’s one form that’s absolutely indispensable. Known as Standard Form 50, or SF-50 for short, this is the official form used by the government to… Read More
Should I Make a Roth contribution or a Traditional IRA Contribution?
IRAs remain a great way to set aside funds for retirement, even though most people nowadays have access to a 401(k) or 403(b) retirement savings plan at work. One of the most common questions people… Read More