September 22nd
  Q: I am divorced and will be 61 years old later this month. I am eligible to retire now as a federal employee under FERS with almost 21 years of service. I would receive a FERS supplement until the age of 62, when I could start receiving Social Securit…
September 19th
Q: I just finished reading your article "How Much Do I Need in Savings If I Want $X Per Year in Retirement and Not Run Out of Money".  I have a question.   I am a federal law enforcement officer.  I will be retiring at age 55.  I am mandator…
September 19th
  FEHB & Medicare Explained   The decision to enroll in Medicare Part B, while maintaining your Federal Employee Health Benefits (FEHB) in retirement, is one of the most difficult choices a new retiree faces.  About 70% of federal retirees sele…
September 10th
We all know how complex the federal retirement system is.  There are so many ifs, ands, or buts that it will make your eyes glaze over.  It makes for great reading material at bedtime.  So it makes sense that many details are not fully grasped by the aver…
September 1st
Teaching teens how to manage their money is a critical skill that can be passed down from mom and dad.  And they need all the help they can get. You would be surprised how little the average teen knows about how to allocate money.  Until they have their…
August 11th
You’ve done well for yourself over the years and you think it’s time you look for a financial professional to help you plan your finances or look over your investments.  Or maybe you are thinking about your federal retirement and want some help determinin…
August 4th
How much do I need in savings if I want $XXX per year in retirement and not run out of money? The answer everyone wants to know!! This answer differs for everyone and there is no simple, cut and dried answer.  Everyone’s situation is different.  Let’s t…
August 3rd
Here are just a few red flags that should alert you something is not quite right with the way your investment adviser is handling things: When the investment adviser requests you write checks payable to him or the adviser’s firm. An adviser should not h…
August 3rd
A backdoor Roth IRA is a conversion method used by people that are not eligible to contribute to a Roth IRA. Most people are familiar with a Roth Ira. When you fund a Roth Ira, you are taking money out of your bank account that has already been taxed and…
July 14th
The five years before retirement are probably the most critical there are in terms of getting ready for the big event. Here’s a quick list of some things to do when you believe you are five years away from retirement. Meet with HR to verify creditable se…
July 13th
By now, you may have heard about the new Department of Labor (DOL) Fiduciary Rule.  It has been discussed in various media outlets, including TV and online.  It has certainly caused a lot of discussion in financial circles.  Let’s begin on the meaning of …
July 12th
There is never a bad time nor is it too early to engage a financial planner. In fact, the earlier the better. Even if you are early in your career and don’t have many assets, you can still benefit from estate planning.  Here are some of the instances wher…
June 16th
The last thing someone who is middle aged and hasn't begun investing wants to hear is that they should have started 10 years ago. Although they are a little late in getting started, it isn't too late. They still have a long term horizon for when they prob…