Retirement planning is essential for just about everyone but if you work for Uncle Sam, a few things can cost you once you’ve switched from larger biweekly paychecks to a smaller monthly annuity deposit.
Years after the buyout surge of the 1990s some still-working feds are hanging on until the next round of buyouts. But that could take a while.
The Trump administration’s 2020 budget proposal includes significant changes in federal employee retirement programs, most of which are cuts but with one exception.
Retirement expert John Grobe, himself a former fed, said the length and uncertainty of the recent shutdown has a lot more people thinking about retirement, or just leaving government for greener pastures.
John Grobe, president of Federal Career Experts, specializes in prepping feds for retirement and is Mike Causey’s guest on today’s episode of Your Turn.
Allan Roth, founder of Wealth Logic and a nationally syndicated financial columnist, said that when it comes to investing, his motto is “Dare to be dull,” as in boring.
Of the eligible Federal Employees Retirement System participants who have Thrift Savings Plan accounts, January participation rates rose by less than 1 percent because of missed contributions due to the partial government shutdown.
Many current government officials were baffled by the strange, sometimes rowdy and downright undignified behavior of testy civil servants during the recent government shutdown.
Hardly anybody joins the government planning to become rich but you could be well on the way to millionaire status if you meet a few key characteristics.
Ever since the late 1990s some experts on government matters have been predicting a tidal wave of retirements from key federal agencies. That sparked fears of a brain drain as experienced feds fled their jobs heading for the shuffle-board courts.
A decade ago today, the US stock market was hitting rock bottom. The Great Recession, which had been in effect for almost two years, showed no signs of getting better — ever.
Federal retirement planning expert Tammy Flanagan joined Federal Drive with Tom Temin for some of the important questions that need asking before making the decision to retire.
Financial planner Arthur Stein is today’s Your Turn guest and will talk about investment time periods for Thrift Savings Plan participants.
Maybe it’s time to clean or even replace your personal political filter, at least when it comes to making long-range financial decisions. Most experts agree that based on past history the stock market is long overdue for a major correction of 20 to even 30 percent.