Believe it or not, there are a number of ways you’ve slipped into the habit of spending money you can easily save …
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Retirement
$1 Million In Retirement Savings May Not Be Enough If You Retire In These States
by fedadvantageby fedadvantageAccording to United Nations projections, the average life expectancy 10 years from now is estimated at 81.11 years old. For FERS pre-retirees …
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The prospect of enjoying a mortgage-free retirement while aging in place is undeniably appealing, especially when housing expenses can consume 30% or …
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Retirement
Longevity: The Primary Threat to Financial Security in Retirement
by fedadvantageby fedadvantageRepeated surveys consistently reveal that the predominant concern among retirees and those nearing retirement is the fear of outliving their financial resources. …
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Retirement planning for federal employees comes with unique challenges and considerations. The Office of Personnel Management (OPM), responsible for administering federal retirement …
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ResourcesUncategorized
Navigating Debt in Retirement: Are You Prepared?
by fedadvantageby fedadvantageEntering retirement with debt is an increasingly common scenario for many Americans. Over the past three decades, the trend of carrying consumer …
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If you opted out of the Roth TSP because you thought you’d be in a lower tax bracket during retirement, it might …
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With the retirement of more Baby Boomers, the U.S. is facing a looming Long-Term Care (LTC) crisis. The U.S. Department of Health …
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Retirement
Navigating the 5 Big Choices of Your FERS Retirement Journey
by fedadvantageby fedadvantageMaking informed decisions is key as you approach retirement under FERS. Here are the five major decisions you’ll need to tackle: 1. …
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With the passing of a stopgap bill on January 18, 2024, the looming threat of a government shutdown has been temporarily averted, …