We recently met a Federal Employee who was planning on working until fifty nine and half years old so he would be able to supplement his income from his TSP without the 10% penalty. We seem to have the age 59.5 burned into our brains and think there is no penalty free way to access … Read more
Most pre-retirement planning meetings we have with Federal Employees primarily focus on deciding at what age to retire or what the approximate expected income will be. These are critical questions to discuss prior to approaching your retirement. Yet, there is another question that should be part of the planning process: Where to retire? There are … Read more
This is the fourth segment of “The 20 biggest mistakes federal employees make with their TSP”: “CHASING THE FUND WITH THE BEST PERFORMANCE LAST YEAR” This is an understandable mistake – but a mistake nonetheless. The performance of each TSP fund is listed on the TSP website . When trying to figure out which funds … Read more