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

Don't Wait Until 72 to Access TSP

The TSP is designed to make up one third of federal employee’s retirement income, but taking money out of it can be a tough decision. One of the most common distribution strategies I have heard is

Brad Bobb CFP® | November 30, 2020

Federal Retirement Mistakes

Retirement is a goal that most of us aspire to. Even though retirement is often thought of as an ending, it is more of a beginning event

Brad Bobb CFP® | November 30, 2020

Do This Before Maxing Your TSP

Contributing money to your Thrift Savings Plan is a good thing, actually a great thing! But there is one account that should

Brad Bobb CFP® | November 5, 2020

3 Essential Tax Planning Strategies for Federal Retirees

There is an old saying that claims, “It’s not how much you make that’s the most important, but how much you keep.” Uncle Sam does his best to take at least a portion of everything we make. It is up to us to understand tax laws and retain as much as possible.

Brad Bobb CFP® | October 6, 2020

Don't Get Bernied!

There has always been a lot of discussion about whether or not it’s worth it to work with an advisor. If you have considered working with an advisor, you have probably thought of this question: “how do I know you aren’t a Bernie Madoff?”

Brad Bobb CFP® | September 9, 2020

The Problem With Having No Life Insurance

Life insurance tends to be a touchy subject. Some people don’t want to discuss death and others just “don’t believe in insurance.”

Brad Bobb CFP® | August 10, 2020

13 Lesser Known Social Security Facts Every Pre-Retiree Should Know

The Federal Retirement System is meant to be a three part system comprised of the FERS Annuity, Social Security, and the Thrift Savings Plan. Because Social Security makes up 1/3 of the federal retirement program, it’s important to understand the

Brad Bobb CFP® | June 9, 2020

Three Things to do With Cash During Quarantine

The nation’s current state is one most of us have never experienced. The majority of the nation has been shut down in response to a global pandemic with severe and changing consequences. One of the most notable consequences is that most federal employees

Brad Bobb CFP® | May 1, 2020

Reduce Taxes on Inherited IRAs

I was in the process of writing an article on handling inherited IRAs when Congress passed the SECURE Act and changed everything. But while things have certainly changed

Brad Bobb CFP® | April 15, 2020

Smart Actions in a Market Downturn

A market downturn, or bear market, can be scary for even the most seasoned investors. Investors can easily run through a rollercoaster of emotions--from the highest of highs to the lowest of lows

Brad Bobb CFP® | March 31, 2020