by Benchmark Financial Group | Aug 5, 2021 | Retirement
Have you completed enough years of service to retire without a reduction in benefits? Have you decided that now is the right time to retire? Wondering how to get the process started? STEP ONE: PICK A DATE One of the first major decisions is deciding when to retire....
by Benchmark Financial Group | Jun 30, 2021 | Retirement Income, Thrift Savings Plan
The Thrift Savings Plan (TSP) for the final piece of the retirement puzzle. If you missed the articles for Social Security or Pensions, please see our blog posts that look at those topics and how they fit into the retirement puzzle. The TSP is a retirement savings and...
by Benchmark Financial Group | Jun 1, 2021 | Retirement Income, Retirement Planning
In our previous article, we started discussing the pieces that make up the retirement puzzle. We began with Social Security. To learn more about how Social Security fits into the equation, you can read the article here. In this article, we will shift our focus to a...
by Benchmark Financial Group | May 6, 2021 | Retirement, Retirement Income, Retirement Planning, Social Security
Social Security is one of the three primary sources of income in retirement. The benefit is based on your average 35 years of work history and weighted by the years you made the most income. You’re first eligible to start taking social security at age 62, and each...
by Benchmark Financial Group | Aug 25, 2020 | Retirement, Retirement Income
You’re not alone, and with retirement being around the corner, it’s time to take a closer look at the numbers. You’ve worked your whole life to get here, and you may be wondering if your financial situation will significantly change once you decide to leave the...