by Benchmark Financial Group | Oct 4, 2022 | Retirement Income, Retirement Planning, Thrift Savings Plan
As a federal employee, you are probably aware that your Thrift Savings Plan offers many of the same advantages as a 401(k) plan often offered by private sector employers. There are many options to consider when managing your TSP—fund options, how much to contribute,...
by Benchmark Financial Group | Sep 8, 2022 | Financial Health, Retirement Income, Retirement Planning
As a federal employee approaching retirement, understanding all the options with your benefits is critical. By understanding your benefits, you can put together an income strategy for a successful retirement. You’re probably familiar with the three main pillars of...
by Benchmark Financial Group | Aug 1, 2022 | Retirement Income
If you are on the road to retirement, one roadblock you might run into is deciphering how your current net income will compare to your net income in retirement. While it may not be true for every case, many don’t realize that their retirement net income can be equal,...
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...
