Benchmark Financial Group Blog

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How Much Income Do You Need in Retirement?

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,...

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25 Ways to Trim Your Budget

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...

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Federal Employees and Taxes in Retirement

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...

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3 Financial Planning Resolutions for the New Year

3 Financial Planning Resolutions for the New Year

Any one of us can change our lives at any time. But with regard to financial planning, the best time for resolutions really is the new year. That’s because our tax years are also based upon the calendar, and January is the perfect time to take one or more of the following actions. Max out your Thrift Savings Plan contributions. For 2020, the...

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Benchmark Financial Group, LLC

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    Overland Park, KS 66210

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