Posts Tagged: retirement

Projecting your Retirement Annuity & Survivor’s Benefit

Everyone planning their retirement needs to know how much they will have to live on in retirement and how much their spouse’s survivor benefit will be. Frank Cullen, a retired federal manager, friend, and former associate, sent me a comprehensive spreadsheet prior to my retirement that projected my annuity and survivor benefit for the nextRead… Read more »

The Retirement Tsunami is Here…No really it is!

It’s finally here, the long talked about retirement tsunami. “If you look at federal employment statistics there is not just a large percentage of folks who are eligible to retire but an increasing number of folks that are actually taking up the government on that offer,” said Tom Fox. Fox is the Vice President forRead… Read more »

Collecting Social Security While Still Working and CSRS Concerns

A site visitor to one of our forums stated that she was 66 and still working and was CSRS offset. A colleague suggested that she think about drawing social security now versus waiting until she retires. Once you reach age 66 you can earn unlimited amounts without reducing your Social Security benefit. She had beenRead… Read more »

Social Security Update, Medicare Concerns, and Retiree Jobs

Norma, a federal employee that elected to collect Social Security while still working, commented on my last article on this subject. She stated that while it is true you don’t decrease social security benefits if you are still working at age 66 or older you may be subject to taxes on some of the socialRead… Read more »

TSP Investment Timing and the Retiree’s Dilemma

The stock market is up and the DOW stock market index has recovered from its low of 6629 in March of 2009 to over 15,000 recently. Interest rates and yields on CDs, treasuries, and savings have remained historically low. The government has artificially maintaining interest rates well below norm to stimulate the economy and toRead… Read more »

Federal Employee replaces FEGLI Option “B” and saves $560,000!

Is FEGLI Option “B” a good value for healthy federal employees as they approach retirement? When our client, male age 55 in excellent health, contacted Allfeds.com, he was hoping to preserve his Federal Employees’ Group Life Insurance, Option ”B”, into retirement and reduce the costs going forward. Little did he know he could save halfRead… Read more »

Earn Extra Income in Retirement and Have Fun at the Same Time

Retirees and employees alike often need extra income to just get by, pay off debt, or to save for special occasions or a rainy day. There are many part time job offers that you must be cautious of such as advertisements that offer unrealistic wages and annual incomes with little work involved. Real opportunities takeRead… Read more »

TSP Talk Weekly Wrap Up

After a roaring start last week, stocks peaked on Wednesday and finished with some wild intraday action and a rare weekly loss in 2013. We saw a mini-crash in Japan as the Nikkei lost over 7% in Thursday’s trading. This triggered a very weak open for our indices on Thursday morning, but buyers stepped upRead… Read more »