Financial Planning Guide

Financial planning starts with a review of your investments including your TSP, brokerage and mutual fund accounts, assets, and all banking and savings accounts and includes evaluating expenses pre and post retirement. You also need to review accounts to ensure proper beneficiary or Pay on Death (POD) designations are listed. 

Your personalized plan will ultimately show you what your total income and expenses are pre and post retirement and will put things into a proper perspective for you and your family. The goal is to first determine if your post retirement income, from all sources, will be sufficient for you and your family to maintain the lifestyle you desire. If your calculations reveal a deficit, less money than you need, you have time to make changes including, pay off mortgages, and saving to make it possible when you do decide to leave. We offer a free downloadable spreadsheet with examples and instructions tailored to federal employees that will help.

Fixed Income Investment Update – Bonds & More

Financial Planning Menu

• Getting Started
  • Are you emotionally prepared
  • Are you financially prepared
  • Are you physically prepared
  • FREE Retirement Report and Consultation
  • What should I be doing the year before I retire
  • Retire Mortgage Free
• Retirement Cost Analysis
  • Looking at the Numbers – The Second Time Around
  • Retirement Essentials – Do You Have What it Takes!
• Ways to Save and Economize in Retirement
  • Which Way is Up – A Retiree’s Conundrum
  • I and EE Savings Bonds – Safe, Simple, and Affordable
  • How to Keep What You Worked a Life Time Accumulating
  • Are Your Bank & Credit Union Accounts Safe and Insured?
• Strategies for Increasing Your Retirement Annuity and Income
• Financial Advisors
  • Hiring A Financial Advisor – How and Why (Part 1)
  • Hiring A Financial Advisor – Credentials and Fees (Part 2)
• TSP Considerations
  • The TSP Advantage (Should I Stay or Go)
    • Is the Stock Market Keeping You Up at Night? 
    • Preserving Your Assets (The TSP Rebalancing Act) 
  • TSP RMDs & Withdrawals Plus Site Navigation Tips
  • Survivor's Beware - The TSP Trap
  • TSP Survivor Withdrawal Options
• Probate Avoidance

• Estate Planning
  • Wills & Trusts
  • Living Wills, Directives, Power of Attorney
  • Survivor Information
  • Estate Planning Guide (A - Z Plan With Forms)
• FDIC Coverage
• Check out estate planning items (Wills, Trusts, and other estate planning software and books)

 

Getting Started

Every plan is different and based on your circumstance at the time. You may have children still in college, parents that need your care and attention, home mortgages, and the entire gambit of situations that change from person to person. You are the only one who can effectively develop your plan because you know YOU like no one else does. This doesn't mean you can 't get help, there are many professionals willing to help. Regardless of whether or not you do it on your own or hire a professional, its YOU who must provide the details to insure your plan is sound and viable.

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financial planning includes going all the way and that means don't stop after compiling the information. Finish the process with a Nolo's estate planning products including wills and living trusts plus health directives and a power of attorney if you become incapacitated and unable to make decisions.

Lets start with the first step and determine your pre and post income and expenses. After you complete our free spreadsheet you will know what you will have to live on in retirement after expenses and then proceed on from their.  

• Retirement Cost Determination

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