For many people nearing retirement, running out of money is one of the top fears. Unless they work for the federal government.
Have you had the long term care insurance talk with your spouse or significant other, or your kids? How about with yourself, can you handle a reality check?
Timing federal retirement right allows you to carry over the maximum amount of annual leave, and in 2020 be paid for most if not all of it at the new higher 3.1% pay raise.
When many people consider purchasing long term care insurance, which isn’t cheap, they weigh the odds and worry that they might not collect.
The money you save, without losing any benefits or coverage, could be enough to buy you a new car next year — half a car, anyhow.
Don’t be wedded to your current, traditional plan just because you’ve been with it for years.
If wasting a couple-thousand dollars next year is no big deal to you, you can skip this.
This is the longest bull market in history. But eventually it will change, the market will tank.
Tom O’Rourke, an estate/tax attorney in the Washington D.C. area, says many people have estates but don’t realize it.
Have you asked yourself all the right questions about your retirement?
Learn about everything from pay, benefits and retirement, to buyouts, COLAs and pay freezes. Call the show live Wednesdays from 10-11 a.m. at 202-465-3080 with your questions. Dial 605-562-0264 to listen live from any phone. Follow Mike on Twitter and send him an email with your questions and comments. Subscribe on Apple Podcasts or Podcast One.