by Micah Porter | Dec 21, 2020 | Blog, Federal Government Employees, Retirement Planning
If you are a Federal Government Employee planning to retire, the Federal Employee Retirement System (FERS) will play a key financial role in your retirement. FERS, was launched on June 6, 1986, and replaced the Civil Service Retirement System (CSRS). One of the...
by Micah Porter | Dec 21, 2020 | Blog, Federal Government Employees, Retirement Planning
On the one hand, you have a mortgage and a mortgage payment, and on the other, you have your TSP, which you’ve built up through hard-earned savings over time. Retirement is looming, and the thought of owning your home outright and having no mortgage payment is awfully...
by Micah Porter | Nov 10, 2020 | Blog, Retirement Planning
While the employment situation has brightened somewhat since the unemployment rate nearly hit 15% in April, it’s still considerably worse than it was before the coronavirus pandemic hit. And things could be about to get worse for many high-earning white-collar...
by Micah Porter | Nov 4, 2020 | Blog, Federal Government Employees, Retirement Planning
Carefully Examine Your Healthcare Options Due to the COVID-19 pandemic and other factors, many employees today are thinking about early retirement, and this includes some federal government employees. As we wrote in our post on early retirement from the Federal...
by Micah Porter | Aug 24, 2020 | Blog, Retirement Planning
When recessions strike, companies try to cut costs, often via offering early-retirement packages to employees. The current COVID-driven recession has been particularly hard on the travel sector, so unfortunately it wasn’t a surprise when Delta rolled out their...
by Micah Porter | Jan 7, 2020 | Blog, Retirement Planning
One of the most unsettling aspects of retirement can be the idea that there will no longer be a regular paycheck. This shift can be scary but does not have to be a traumatic event. Retirement is the part of life when you shift from a single income source that...
by Micah Porter | May 31, 2019 | Blog, Retirement Planning
Although we think of retirement as a specific point in time, it is really a process. This process has key retirement dates that begin just before age 60 and end just after you turn 70. Understanding what those milestones are is vital in determining when you can...
by Jennifer Taylor | Dec 18, 2018 | Blog, Retirement Planning
I’ve written about retirement income planning before, and at first glance it should be pretty simple. The idea of figuring out what expenses you’ll have and then lining up your sources of income and funds seems straightforward. In many instances though, it’s not, and...
by Micah Porter | Nov 21, 2018 | Blog, Retirement Planning
When it comes to our own personal financial plans, we tend to think of risk as a bad thing. You avoid things that are risky, and the safer a plan is, the better. But risk is foundational to finance. Risk is a key driver of interest rates and investment returns and...
