When it comes to career planning, many federal agencies do an excellent job. But when it comes to providing financial planning, most federal agencies do little if anything.
When it comes to getting quality career financial advice from your employer, a lot of people say many government agencies provide the best overall quality advice.
Would you buy a book about how to make a million dollars from an individual who is selling a book about how to make it or a long-time fellow fed who’s TSP account just passed the million dollar mark?
While it is virtually impossible for a federal or postal retiree to run out of money, it is possible to run dangerously low — even with an annuity indexed in whole, or part to inflation.
Picking the right time to retire - day and month, not just year - could make a huge difference.
Although many don't think about it, you likely have an estate you will leave behind. Planning ahead could save you and your family lots of money and heartache.
Thrift Savings Plan millionaires, many of whom never expected to make it there, provide some perspective.
In March of 2020, there were 27,212 individuals with $1 million or more in their Thrift Savings Plan accounts. One year later, the TSP millionaires club has grown to 84,808 members.
The number of active and retired feds with $1 million or more in their Thrift Savings Plan accounts has jumped to a record 84,808 as of March 31 of this year.
Want to have a million dollars, at least, in your federal Thrift Savings Plan when you retire? Abraham Grungold, a financial adviser and current federal employee, can help you reach that goal.
It's a stretch to say Thrift Savings Plan participants are over the G fund, but the array of lifecycle options are picking up popularity for several reasons.
More Thrift Savings Plan investors than you think may not understand exactly what their retirement nest egg is invested in.
Planning for retirement is a process that doesn't have to be a painful if you avoid some common mistakes. It will pay off big to know what they are and avoid them.
Financial planner Arthur Stein says that many feds don’t understand that their TSP retirement nest egg is not really an investment.
Planning for retirement isn't rocket science, but in some ways it is more challenging because ultimately you'll be riding that rocket however long it takes.