Lifestyle Creep
One of the biggest obstacles to accumulating wealth is what I call ‘Lifestyle Creep’. Lifestyle creep is your spending increasing along with your income and it can delay retirement
FERS Supplement and the Earnings Test
Many federal employees will be fortunate enough to retire before the age of 62. Those individuals will be eligible to collect additional income from the FERS supplement
When Colleges Compete You Win!
Flexibility is HUGE for families that want to save money on the cost of college. Casting a broad net in your college search can pay off by the thousands
Social Security Changes for 2017
Every year, many details of Social Security change. These changes affect both the workers paying in to the system and the retirees collecting benefits
Two Ways to Save on the Cost of College
Today’s rising college costs are leaving families wondering how they are going to pay for four years of college. Most families I work with want to help their kids pay
Save Money on Life Insurance by Layering
Most adults with families have a need for life insurance, and the product of choice is usually a term policy. The most common time periods
The Worst Investment For Your TSP
The financial services industry has gotten a pretty poor reputation over the years. One joke is that the quickest way to end a conversation at a party is to tell people you are a financial advisor
It Starts With Your Expected Family Contribution
An important part of the college planning process for every family is knowing and understanding your Expected Family Contribution, also known as your EFC.
Should You Take an Early Out
The Environmental Protection Agency (EPA) announced that they will begin offering employees buyouts and early retirement incentives in 2017. Since then, I have been getting emails from
9 Ways to Maximize Your Thrift Savings Plan
The Thrift Savings Plan (TSP) is meant to be a huge source of retirement income for federal employees. The FERS retirement system is based on three different sources of income
Two Roth TSP Myths
The Roth TSP began four years ago in 2012. Even though it has been around four years I have found very few people that are taking advantage of it.
Should You Keep Money In Your TSP After Retirement?
The answer to this question boils down to two more questions: How much access do you want to your money in retirement?