There are many risks in retirement, but, with today’s market valuation, one of the biggest risks is the potential for a market correction while you are drawing income from your retirement accounts. Academically, this risk is defined as sequence of returns risk; but, most people have no idea this is lurking around the bend as […]
Finally, after many years of disgruntled TSP participants facing severe limitations to accessing their retirement funds, the TSP Modernization went into effect September 15, 2019. If you are not yet familiar with the changes below is a summary: After separation of service: · You can take multiple partial withdrawals, not to exceed one every 30 […]
If your annual household budget looked like this: Spending: $80,000 Income: $68,000 -$12,000 Is there a problem? How about the household budget of the United States: United States 2018 Federal Revenue: $3.33 Trillion Federal Spending: $4.20 Trillion […]
It’s never too early to start planning for retirement to achieve the lifestyle that fits your dream. I like to start by determining your estimated “fixed” expenses in retirement and your “wants” expenses. What do you want to do in retirement (travel, take tennis, golf, cooking lessons, garden, exercise, dine out, spend time with family […]