Recent Blogs
November 27, 2023
Experiencing an involuntary layoff can undoubtedly raise various concerns, and the impact on your retirement planning is likely one of them. While immediate financial obligations such as rent or mortgage may take precedence, it’s crucial not to overlook the potential long-term consequences of neglecting your retirement savings. Crafting a thoughtful plan becomes essential during challenging… View Article
READ MOREJune 27, 2023
Why A 6-Month Emergency Fund May Be Too Much For You
When it comes to saving for emergencies, the commonly recommended rule of thumb is to set aside three to six months’ worth of living expenses. However, recent survey data reveals that a staggering 53% of Americans have no emergency fund at all. Inflation and higher interest rates on debt make it even more challenging to… View Article
READ MOREJune 15, 2023
What is the Projected COLA for 2024? Social Security Recipients May See it Shrink More.
Most people are pleased with the decrease in inflation, but Social Security recipients have mixed feelings about it. In May, the annual inflation rate dropped to 4%, marking the smallest increase since March 2021 and a significant drop from the peak of 9.1% in June of the previous year. The decline was primarily driven by… View Article
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June 8, 2023
Retirement is a phase eagerly anticipated by many individuals, offering a chance to unwind, explore the world, or engage in hobbies that were once put on hold due to work and other responsibilities. However, ensuring a comfortable and financially stable post-retirement lifestyle often requires years of careful planning and saving. It’s never too early to… View Article
READ MOREMarch 8, 2022
Seven Common Mistakes Federal Employees Make with Their Retirement Benefits
Seven Common Mistakes Federal Employees Make with Their Retirement Benefits Mistakes made in any phase of a person’s financial life will almost certainly have a magnified impact once they no longer receive a paycheck. This fact is, we learned over time, especially true in families where the breadwinner(s) is a federal employee. While government benefits… View Article
READ MOREMarch 8, 2022
What Federal Employees Must Know Before Borrowing From Their TSPs
What Federal Employees Must Know Before Borrowing From Their TSPs As with many non-federal savings plans, it is possible to take out a loan on your Thrift Savings Plan. However, most experts, including those at the Office of Personnel Management (OPM), will tell their clients to exhaust every other loan option before touching their TSP… View Article
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