Financial Planning Archives

Recheduled Webinar: Goals & Inefficiencies: What you should get out of your Financial Plan

July 18, 2023 No Comments

Goals & Inefficiencies: What you should get out of your Financial Plan The financial planning industry is loaded with “financial planners” that are really product pushers. Unfortunately, this has resulted in many people avoiding the financial planning practice altogether, dismissing it as being just a sales tactic. However, not having a financial plan usually causes

OPM has Suspended Enrollment for the Federal Long Term Care Insurance Program

December 19, 2022 No Comments

OPM has Suspended Enrollment for the Federal Long Term Care Insurance Program In case you haven’t heard, the U.S. Office of Personnel Management (OPM) is temporarily suspending applications for coverage in the Federal Long-Term Care Insurance Program (FLTCIP) to allow their agency and the FLTCIP Carrier to thoroughly assess their benefit offerings and establish sustainable premium rates. OPM

TSP Planning advice for Federal Employees

TSP Planning Report January 2022

January 27, 2022 No Comments

TSP Planning Report January 2022 Facts: The G Fund rate for January 2022 was set at 1.625%. This month’s unemployment rate decreased from 4.2% to 3.9%. Unemployment was at 6.3% in January 2021. PMI (Purchasing Managers Index) continued to expand (any reading above a score of 50 means expansion). This month’s reading came in at

Should I use my TSP to start a business?

November 30, 2021 No Comments

Q&A – Should I use my TSP to start a business? (This article originally appeared as Ask Bob: Do I Qualify For a TSP Hardship Withdrawal – here) Question My wife and I started a business, but due to COVID, materials, construction prices dramatically increased and permitting delays we have not been able to open

Picture of a a Q&A for the retirement planning article

Q&A – Funding & Replenishing the 10-year bucket

October 26, 2021 No Comments

Q&A – Funding & Replenishing the 10-year bucket Question Hi Stephen, I set up the 10-year conservative bucket, as you instructed. It represents 10-years of investment income. I love the idea! I just had some questions: When do I draw income from the conservative bucket, and do I need to replenish the conservative bucket as some point? If yes,

Do you need a Trust? – New Live Webinar

August 4, 2021 No Comments

Do you need a Trust? – New Live Webinar A trust costs a few thousand dollars. And it seems everyone is doing it. Why? Should you, too? In this webinar you will learn: • The benefits of a trust • The benefits people assume a trust provides, but doesn’t • Whether a trust will solve

Disability Income for Federal Employees

June 22, 2021 No Comments

Disability Income for Federal Employees If you’ve been a federal employee for at least 18 months, you are covered by FERS Disability. The FERS disability benefit starts off at 60% of you salary (or hi-3, whichever is higher) only for the first year. Subsequent years, the disability benefit drops to 40% of your salary. Two important points

New Webinar – Goals & Inefficiencies – The Core of Financial Planning

January 15, 2021 No Comments

Join me in my upcoming webinar: “Goals & Inefficiencies – the Core of Financial Planning” and we’ll address the three broad benefits of financial planning:

Q&A: Is the FSA better than the HSA?

July 21, 2020 No Comments

Q&A: Is the FSA better than the HSA? Question My wife and I are expecting a baby in June. You made clear that an FSA is the better choice for someone who is anticipating a year filled with high medical expenses… but I didn’t understand exactly why. Would you mind elaborating very briefly why the

Sign Up for a “Taste” of Financial Planning w/ Stephen

May 21, 2020 No Comments

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