Benchmark Financial Group Blog

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So you think you are ready to retire. What’s next?

So you think you are ready to retire. What’s next?

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. However, there are a few key variables that may impact your decision.  FERS...

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Pieces of the Retirement Puzzle—Pensions

Pieces of the Retirement Puzzle—Pensions

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 different piece of retirement—pensions. FERS PENSION BENEFIT Your Federal Employee...

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Pieces of the Retirement Puzzle—Social Security and Required Minimum Distributions

Pieces of the Retirement Puzzle—Social Security and Required Minimum Distributions

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 year you defer your benefit the payment amount increases. If you turn on social...

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Benchmark Financial Group, LLC

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    Overland Park, KS 66210

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