Curious what your income will look like once you retire?

Curious what your income will look like once you retire?

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 workforce behind. It might ease your mind if you knew how all the numbers break down. Benchmark Financial Group recently sat down to discuss this topic. So what does monthly income look like for individuals...

What Did People Do, Before Social Security?

For many of us, it’s hard to imagine life before the invention of Social Security in 1935. Federal employees, like you, did have a retirement system in place beginning way back in 1920. Once the the FERS system was introduced in 1986, federal employee retirement plans included a greater measure of dependence upon Social Security. So, most of you reading this will one day rely upon income from Social Security… What did people once do, without it? One in...

7 Signs of a Smart Saver

When is your expected retirement date? Whether you’ll be retiring in just a few years, or you still have a decade or more to go, one thing is certain: Retirement is one life situation for which we all need to plan. So how do you know whether your plans are on the right track? That’s a complicated question, and professional guidance is necessary to help you sort through the details. But these seven signs should give you a few clues on where your retirement savings...

Don’t Forget About Your Bank Statements!

When life gets busy, do you notice a little pile of mail growing on your desk, on the kitchen counter, or on the corner of your dresser? We all have that spot where untended documents tend to accumulate. But if your bank statements often end up in that spot, untouched for months, you could be putting yourself at risk for a few problems. Setting aside just a few minutes each month to review those statements can help you avoid the following problems. Surprise fees....

5 Ways to Simplify Your Finances

Modern life seems more fast-paced and hectic than ever. Many of you are longing for more simplicity in your lives, so that you can relax more and worry less. One particular area of concern is probably your finances. It’s tough to keep track of everything, between savings, budgeting, fees and more. Try these four methods to simplify your finances. Consolidate accounts. Are you holding on to two, three, or more accounts? Doing this can make it more likely that...

Retirement Planning Doesn’t Have to Be a Drag!

Ask someone to picture themselves in the distant future, and they will find it difficult to do. Sure, we can think about this summer’s vacation or maybe next year’s move to a new house, but most of us can’t really see ourselves ten or twenty years from now. Research has demonstrated that when we try to do this, we see our future selves as basically a stranger. So it’s no wonder that retirement planning can feel like a drag. Who wants to...

Get your free guide to understanding your Federal retirement benefit options

Get the clarity you need with our free video guide on the Federal retirement benefit options available to you. Provide your name and email below and we'll send the video to your inbox.

Success! Check your inbox for your video link.