Benchmark Financial Group Blog
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How Much Income Do You Need in Retirement?
Even though you enjoy one of the best retirement systems in the country, federal employees still need to plan carefully for retirement just like everyone else. In fact, you should definitely avoid assuming that because you can potentially draw income from three different sources, that you’re completely “set up”! As you look toward the future,...
Things to Know If You Become Disabled During Your Service
If you’re a federal employee, the hope is that you will enjoy comprehensive retirement benefits after completing your planned service. However, on occasion a sudden disability strikes, whether due to illness or an accident. If this happens to you during your time as a federal employee, you might have two different programs available to you....
25 Ways to Trim Your Budget
If you’ve resolved to reduce debt or save more in 2020 (or preferably, both) you might know that analyzing your budget is not easy. We all purchase a number of goods and services each month, and it can be difficult to keep track of all of them. One way to tackle this task is to check this list of 25 common expenses, and the average amount...
Federal Employees and Taxes in Retirement
Federal employees already know that they will potentially draw income from three separate streams in retirement; their pension, Social Security, and withdrawals from the Thrift Savings Plan will provide income security for most. But like everyone else, income taxes will also play a role in your final budget. So what can you expect, as a federal...
Which States Are More Retiree-Friendly?
Once you retire, you will no longer depend upon a particular location for your economic survival. That’s the primary motivation behind many retirees’ plans to move to a more affordable locale. Plus, you might simply enjoy the weather, scenery, or lifestyle offered by another city or state. But in addition to those important considerations, it...
Benchmark Financial Group, LLC
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