Blog

Reduce Your Retirement Tax Bill by Strategic Giving

In Part one of this series we discussed the fact that retirement income is different than employment income. Retirement income tends to be more flexible and gives you more control over when you pay taxes and how much you pay in income taxes

Brad Bobb CFP® | November 19, 2021

Why Tax planning is SO Important in Retirement

If you want to keep more of what you make, then tax planning is essential to your retirement plan. Not only does it help you keep more of what you make in the accumulation phase, but never is it more important than

Brad Bobb CFP® | November 2, 2021

I Don't Like the 4% Rule

Generally speaking, the 4% rule is a guideline that allows for retirees to withdraw 4% of the balance of their investments annually in order to sustain a steady income throughout the entirety of their retirement

Brad Bobb CFP® | September 23, 2021

Odd Aspects of TSP

The Thrift Savings Plan is widely known as one of the best retirement plans available. It excels at being simple and having low cost, but that doesn’t mean there aren’t some frustrating aspects to it

Brad Bobb CFP® | September 13, 2021

Taxes and Timing Matter

It’s hard to understate the importance of timing and details when it comes to retirement distributions. Tax efficient distributions can only be done if you understand details of withholding and income taxes

Brad Bobb CFP® | September 1, 2021

FERS Annuity COLA

Inflation is a hot topic this summer which has many federal employees wondering how it will impact them in retirement

Brad Bobb CFP® | August 9, 2021

NO, Federal Retirees Should Not Run Out of Money

Why? Federal employees have a large amount of guaranteed income they can count on as a steady stream of cash flow in retirement. Although it is possible for federal employees to run out of money, it is much less of an issue than

Brad Bobb CFP® | June 28, 2021

FEGLI Now and in Retirement

Federal Employee Group Life Insurance (FEGLI) is a great benefit the federal employees have available to them however, it can also be one of the most expensive benefits

Brad Bobb CFP® | April 23, 2021

TSP in Retirement

What do I do with my TSP in retirement? Yes, this is the most common question I receive from people nearing retirement, and justifiably so

Brad Bobb CFP® | April 12, 2021

A Great Reason Not to Take Medicare Part B

One of the most common retirement questions from federal employees is: Should I get Medicare Part B? While there is no “one size fits all” answer to this question, I do think there is a preferable one for high earning retirees. Why?

Brad Bobb CFP® | February 17, 2021

Lessons From 2020

The year 2020 was a wild one by anyone’s measure. One practice I try to implement is to look back at a year and see if there are any lessons that can be learned, and I believe 2020 can teach us a lot. Despite the destruction that COVID has caused

Brad Bobb CFP® | February 3, 2021

Should I Buy Long-Term Care (LTC) Insurance?

This is a question that the majority of people over the age of 60 consider, especially as they get close to retirement. Statistics show that long-term care should be a concern for everyone

Brad Bobb CFP® | December 15, 2020