The number of TSP millionaires exploded over the past year thanks to the outstanding performance of the stock market in 2024. According to figures from the Federal Retirement Thrift Investment Board (FRTIB), the agency that oversees the [...]
Retirement savings, essential for independence in later years, can be influenced by numerous factors. Among them are longevity, liquidity, inflation, mortality (the stock) market, and taxes (LLIMMT). Each of these elements plays a crucial role in shaping [...]
Retirement marks the start of a new chapter filled with opportunities for relaxation, travel, personal growth, and more. However, a financially stable, smooth transition requires careful planning to avoid common pitfalls. Here are four mistakes to sidestep [...]
Retirement is often viewed as a static phase of life, but the reality is far more dynamic. As retirees progress through their golden years, their spending habits and budgetary needs evolve significantly. Understanding these changes is crucial [...]
When it comes to planning for retirement, Individual Retirement Accounts (IRAs) are a popular investment option. There are two main types of IRAs: traditional and Roth. Both have their own unique features, advantages, and drawbacks. In this [...]
The SECURE Act 2.0, signed into law in late 2022, brought significant changes to retirement savings and planning—namely, the rules around how retirement accounts work and can be used. As a retiree or someone approaching retirement, understanding [...]
Retirement accounts are a cornerstone of today’s retirement strategies. While everyone might recognize the terms “IRA” or “401(k),” it’s important to familiarize yourself with how they work so you can understand how they may play a role [...]
An important topic that many federal employees overlook is making sure that their beneficiaries are up to date on several federal benefits. On the surface, this may seem like just another kind of administrative topic, but there’s [...]
A question that we often hear is, “I have plenty of years in the federal system (but I am nowhere near the required age), yet I want to retire now! Can I retire today and still get [...]
The end of the year is a very popular time for federal employees to retire. However, many choose to retire in other months of the year for various reasons. Perhaps you reach full eligibility in March or [...]
Investment Advisory Services offered through Secure Retirement Solutions, LLC dba Compass Financial Group (CFG), a State-Registered Investment Advisor.
Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.
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