The Best TSP Withdrawal Options (and The One to Avoid)

Planning for retirement is a big deal. It is often compared to climbing a mountain and getting to the top (aka retirement) is a big accomplishment.
But like all hikers and adventurers know, the journey isn’t over once you get to the top of the mountain. You still got to make it down.
Taking money out of your TSP is part of coming down the mountain and there are a number of things that you need to know to do so safely.
Check out the full article here: planyourfederalbenefits.com/b...
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Dallen Haws at Haws Financial Planning
Sierra Vista, AZ
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I am a practicing financial planner, but I'm not your financial planner. Don't take what I say as specific advice for your situation. Please consult with your own tax, legal and financial advisors.
Dallen Haws at Haws Financial Planning
Sierra Vista, AZ

[@laurieamaro4646]

for the impatient: fast forward to 3:46

[@user-ec8gp3ly5x]

Lol THANK YOU SO MUCH

[@ftwx5797]

I got hired in 2003.

[@endirrwiggins2494]

Thankx

[@SaabAholic]

I had to fast forward when he said hi to his friend, Oprah.

[@Kamone111]

🤣🤣🤣🤣

[@dstorm7752]

TSP's new web site is horribly difficult to navigate. The new site no longer allows you to securely contact the TSP, you can't reach them on the telephone, and the TSP just ignores questions posed by postal mail. Were it not for the tax consequence, we'd simply leave the TSP and do business with some entity which knows how to do the easy job of designing a financial web site.

[@Cello69.]

I agree 100%. That website is horrible. The fact that they removed our ability to see past records is simply a betrayal.

[@PJBHolden]

How do I transfer my tsp balance to my brokerage? I don’t see that option

[@kathyselby2368]

When I retire can I just withdraw my monthly payments from my Roth only?

[@UnkleAL1962]

it is horrible. I just went in to request a withdrawal. If you choose a monthly withdrawal you can only do it once online, then if you want to make any changes - you have to CALL them. It gives you all sorts of warnings about rollovers which I'm not looking for. I just want to do manual withdrawals here and there. It's almost orchestrated to convince you to never take anything out.

[@David-cv3bp]

@@kathyselby2368 yes

[@Retired-jr3qs]

I am agree 💯 percent. As a retiree no way I would get an annuity.

[@samrodriguez7354]

Great information, yes staying away from annuities. I’ve learned so much from your videos. Thanks 🙏

[@PlanYourFederalBenefits]

You are so welcome!

[@pfe3883]

Informative as always!

[@just2fly10]

Starts at 3:48

[@bertbuchanan4198]

Great advice! Great subject to discuss!

[@PlanYourFederalBenefits]

Thanks for sharing!

[@algeils9789]

Always great info, thanks!

[@PlanYourFederalBenefits]

You bet!

[@faustogonzalez8397]

Thanks so much, I find your Videos very enlightening, and love your enthusiasm !!

[@PlanYourFederalBenefits]

Thank you so much!

[@tjackson5874]

You're right on target about annuities - I want the flexibility that comes with the TSP fixed monthly payment, plus I want all of my TSP (not just part of it) to go to my spouse when I die. I visited with a financial advisor pre-retirement who presented me with 3 ways they could manage my Federal retirement - al three involved annuities which they called "IRAs". They only admitted they were annuities when I asked them directly - they said it stands for Individual Retirement Annuity. In reality, they were set to make a tidy % of fees off of my money!

[@ClassicRoyal]

I saw the chart for my annuity they don’t even pay you alot until you get older! No to annuity! Hell no!

[@bruceblackerby3742]

Agreed. See no point in an annuity. Better off just leaving the money in and pulling it out as needed. Good info though. Thanks.

[@PlanYourFederalBenefits]

You are very welcome!

[@madhawk95]

Helpful video. I think you should include another factor in the decision of withdrawal. If you take scheduled withdrawal (monthly, quarterly or annually), you only need to have your spouse's signature and notary done once. If you take unscheduled withdrawals, you will need to get your spouse's signature and notary done each time - painful. Good advice on the annuity; only useful in very limited circumstances. FYI - I think your clock needs a new battery.

[@PlanYourFederalBenefits]

Good point, Thanks! and I didn't like the ticking so I took the battery out :)

[@Harry-zz2oh]

@@PlanYourFederalBenefits The clock is a timeless event since the TSP is a timeless account IF it is managed properly.

[@Tolohtony]

I don't think I have ever seen it not be 10 after 10.

[@osiumeh6261]

Hey Mr. Haws. Nice presentation and great information. Quick question. I have listened to many TSP withdrawal options and none has specified what form or forms to use in making monthly withdrawals in retirement. I have ever searched TSP website and could not make out what form to use. Any ideas?

[@alisonenick9751]

I'm taking mine all out to further invest on my own. Will be adding to my Tesla position. No brainer.

[@robermaldo]

This week you may be regretting the Tesla investment but maybe the stock will recover enough that you don’t end selling at a loss.

[@willrich6450]

@@robermaldo Hopefully she hasn’t retired yet. Imagine building your TSP up for 30 years and then losing it all.

[@Cello69.]

@@willrich6450Are you actually saying TESLA is going out of business? Lol. That’s the funniest joke I heard all week. The company Tesla has only scratched the surface. Do some research. Yes it’s down now. Everything is down now. Stocks are down eggs are up?? I’ll come back to this post soon enough.

[@user-bz7ij8xk1r]

Great Video for Feds!

[@EZ_LIVING]

Hello there, I have a question for you, that I’m hoping you can answer for me. I heard you say taking the 3rd option wasn’t ever done and didn’t make sense for any of your clients. If the client was terminally ill and given a prognosis of only a few months. Would then be a good idea? And if not, what options are left for the beneficiary? Thank you, I sure appreciate it.

[@angelbrigg]

I liked the inspirational quote at the beginning. Would like to hear some Warren Buffett quotes too or other investors. Don't listen to the whole starts at 3 minutes in. This video started at 0 people, watch the whole thing, Dallen does a good job. Love your videos.

[@PlanYourFederalBenefits]

Glad to hear it! Thanks!

[@zachdiamante8553]

All the inpatient people are all postal employees 😂

[@dickieradd]

I separated before retirement. Does anyone have advice on how to take out the money? Can you STOP the monthly fixed withdrawals once you elect that option?

[@RubenRamirezDaKingSon]

I highly appreciate this. Going through a disability retirement and was wondering how to work my TSP to cover my time out till the pention and social security kick in.

[@frankofva8803]

Thanks, Dallen!

[@PlanYourFederalBenefits]

My pleasure!

[@mrzadezade]

Great videos. Thanx.

[@PlanYourFederalBenefits]

You are very welcome!

[@stephengarofalo863]

Great videos, love all the information. FYI, your clock 🕰 needs a new battery, Lol 😂.

[@PlanYourFederalBenefits]

Glad it is helpful Stephen!

The withdraw amounts and timeframes, does that also fall under the 55 Rule?

[@jenzanoni9305]

What about the 4 percent rule? Isn't that just withdrawing the gains every year? And not touching your balance ?

[@danielgarcia00]

I just got done with a 3 year term would it be smart to take what I have in my tsp

[@erictunell9324]

Fellow ASU grad about to retire. Thanks for the videos.

[@PlanYourFederalBenefits]

Fear the fork!

[@darinhancock2755]

I have a question about TSP and SEPP. My wife is retiring at 52 under an early out option. We are looking to take installment payments but we are wanting to avoid the 10% penalty. According to the IRS, they allow three different options...the annuitization, amortization, or the RMD method. When I do the TSP calculator on withdrawals based on life expectancy. Does the TSP only do one option, which appears to be the RMD? Does this make sense? Thank you for all of your videos.

[@rogerdoger9939]

It is my recollection that there is no penalty if you are part of an early out offer. You do not need to do a SEPP.

[@drmitofit2673]

I am retiring as a federal doctor at 30 years of service end of June because that was when I started at the beginning of the academic year 30 years ago. That means for 2022 I will have made a high MD's salary for half the year and will be in a fairly high tax bracket for 2022. So my strategy is to draw from my cash checking and savings accounts or taxable investment account (if I need more money than my pension and FERS supplement) and NOT draw from my TSP until 2023 when I will drop into a much lower tax bracket, just avoiding higher taxes on my TSP withdrawals. Am I correct?

[@Zoe-zq4xh]

That’s my plan, as well.

[@johncraig7548]

Have you noticed on all the videos the clock always stays the same time.

[@annwilder8744]

My husband died 2 months ago and I am going to set up installment payments to supplement my income. I know I will get taxed 20% on each withdrawal, correct? Then is my monthly installment going to be counted as income and will I have to pay taxes on it again when I file my taxes at year end? Also, I live in a state with no state income tax. Does this affect anything? Trying to get thru on the phone to TSP right now is impossible as they are in the midst of switching to a new system so you can't get anyone on the. phone. I've been trying daily for 3 weeks, sometimes even being on hold for 3+ hours, to no avail.

[@stephenlozano2816]

Take out 4% annually as long as you have a 60/40 split in retirement. 60% in the C fund and 40% in the G fund 👍🏼

[@abrahammendoza6110]

Could you please address that when you choose an annuity, you loose your account. Annuity may be great for a person that has no family, no children, nobody in their life. But if you have the dream of passing your tsp on to a possible beneficiary, you loose that option

[@espiloko4272]

I'm getting out of the military can I or should I take the money out of my tsp ?

[@bdradley1]

What is the earliest age or maybe i should say "right" age to draw from your TSP without penalties? Or is there penalties?

[@Milkman3572000]

IRS is gonna get you. All taxes are penalties in my mind, especially when it goes to a bloated pig that prints money from this air... That said, Your MRA (Minimum retirement Age) you can take from your TSP. No penalties, but taxes will be paid. If you figure out how to cheat the tax man, let us all know! My MRA is 56 and 8 months. IF I retire then, I can take money from my TSP. I want to figure out how to PASS the TSP money to the Next Generation. God has blessed me. I dont want the Guberment taking 1/2. I think You had an opportunity, during the Fauci Pandemic, to Take Money out without penalty.. but You still owed taxes. I hope we never go thru that again.

[@desmetde]

Milkman knows TSP!!

[@smithb0134]

If I choose to take a fixed amount out of my TSP, monthly or quarterly etc, do they automatically deduct the taxes or will I have to figure out what I owe and set that aside?

[@PlanYourFederalBenefits]

Most of the time the default withholding is 20%

[@mngeorge1971]

I have 25 years in USPS. I'm 52. I want to close out my TSP while still working for USPS. I want to change over to a precious metals IRA. Can I do it?

[@drmitofit2673]

I retired mid year 2022 at age 59.5 and started receiving my pension (plus the FERS annuity supplement which is free money until I turn 62 whether I file for SS or not). With no debt, it more than covers all of my bills. I sat on my 100% C Fund TSP for an entire year to avoid the 2022 high tax bracket year and to allow the stock market to recover (up 16% ytd 2023). Now a year after retirement mid year 2023, I just submitted a request for TSP monthly installments calculated as 6% annual of my current TSP total. This is more than the 4% rule, but I am not adjusting for inflation as I go, and I am staying with the C Fund which averages 10% annual return (I have high risk tolerance). I plugged my numbers into a withdrawal calculator with 7% return and no inflation adjustment (just a simple fixed monthly withdrawal rate) and my TSP will extend past 30 years into retirement. Will delay touching my wife's smaller 401k. Will file for SS at age 67. The TSP installment request system is greatly simplified. You no longer need a snail mail notarized spousal form. It can now be done all online with the TSP emailing your spouse beneficiary a DocuSign signature link, greatly streamlining the process.

[@drmitofit2673]

This video skips over the TSP installment plan calculated on life expectancy and the size of the account. It dynamically adjusts for age and stock market flucuations so you won't run out of money. Downside is that the installments will fluctuate so you might feel uneasy if it drops. Best option for me would be monthly fixed installments using the 4% rule and adjusting as needed. Setting this up would only require one notarized spouse signature form (unless adjustment is needed with another form submitted later).

[@briankuzak5881]

WHEN IS A LIFE EXPECTENCY WITHDRAWL THE BEST CHOICE OVER A FIXED MONTHLY WITHDRAWL?

[@hipoman8087]

My ? Is. Are the withdrawals be considered income for that year. I plan on retirement at 65 and waiting 1 year 10 months to get 100% social security. I have a sizable mortgage(divorce) which would take most of the pension. I had an idea of withdrawing the amount I’d need this year (have 28 months till retirement)to make the payment till I filed for social security. What do you think?

[@PlanYourFederalBenefits]

Withdrawals from the traditional TSP are taxable.

[@mrdisco76rivs69]

I retired 6 years ago from the federal government. I had been with TSP since its inception. It used to be a great place until they made all the new changes and completely changed the website. It has been a complete nightmare to deal with TSP since they changed everything in May of 2022. They eliminated most of the forms and everything, according to them, must be done online, but the website is not equipped to handle anything. Initiating and stopping monthly streams of payment were tasks that you could easily accomplish on the website. Not anymore. Last year I initiated a monthly stream of money before the big change to be able to qualify for a mortgage. After the closing, I no longer needed the stream, so I went to the new website to cancel the stream, and that's where my nightmare began. I couldn't do it on the website. It took me 4 months of daily calls with the TSP and no one knew how to do it. Complete insanity!!! And the stream, which I didn't need kept coming (and affecting my taxes). I spoke to numerous supervisors, which were also clueless. Finally, my case had to be submitted to a special unit to stop the payments. I will be rolling over the entire balance to another brokerage firm, with which I have been doing business for a while, for my peace of mind. I no longer trust the personnel and management of the TSP. Other federal employees I know have had the same problem too.

[@elainenilsson5472]

Could the annuity add up to more than what is in the account, ever? I'm 59 and my husband just died. Better to roll over to IRA and contribute 7k/year?

[@edmundfong7288]

Your financial situation is unique to you, and I am sorry for your loss, and every retirement plan is personal. But if you live long enough, you will maximize your pension, social security and any annuity you choose to do. See my own comment about QLAC and get a quote when you turn 70. Your job is to manage your TSP and IRA.

[@briankennedy7438]

Hello. I want to retire in 14 yrs. At that time I will be 57 with 34 yrs of federal service. I would like to take some of my TSP at that time to pay my mortgage off. But, will I get penalized due to not being 59 and a half? Or is there a way to withdraw at my MRA with 34 yrs one time to pay off my mortgage? Appreciate your time and advice.

[@PamD6454]

I retired at 56 in 2019 and I have not touched my TSP. Years ago, I was advised to not use my TSP to pay off my mortgage after retirement. Instead, my advisor recommended a 10 or 15-year mortgage with biweekly payments. So, I have a 15 year mortgage and I pay biweekly, so that knocked off 5 years (now a 10-year). I suggest you pay extra to your mortgage principal since now is not a good time to refinance (the rates are high).

[@billshaver1767]

when retired, at age 62....can you make withdrawls to invest in your buisness on the farm, looking at tapping my fund, not looking at repaying it.

[@PlanYourFederalBenefits]

You can take money out once you are 62 and retired but of course you will pay taxes on withdrawals from the traditional TSP.

[@Tkh21209]

Can tsp be given ti kids? If I pass away?

[@RickyPetersen]

Where can I cash my TSP check?

[@robertleejohnsonsr63]

Will the new 5.9 COLA increase effect your TSP annuity interest rate index?

[@deplorabledreg2935]

My wife and I will be retiring by the end of the 2022. We are looking to downsize our home and wanting to purchase a new home. I will be receiving a post office annuity and social security supplemental(obviously until 62). I also have about $500k in my TSP. I wanted to just take a scheduled set amount out of my TSP every month. While applying for a mortgage. Can the scheduled monthly TSP payments be recognized as a defined benefit and used in calculating my monthly income? I don't see myself purchasing a Met life annuity. Thanks in advance for any help or suggestions you may have on this issue. Keep up the great work educating us federal employees..

[@danieljustdaniel9550]

For TSP with the fund that will last over 10 years and you will take a monthly withdraw, it states that it is taxed at married with 3 dependents.about what percentage would that be coming from say $1000.00.

[@studimeglio7110]

I read that TSP automatically takes out 30% for taxes. Hopefully Dallen can clear this up

[@danieljustdaniel8875]

@@studimeglio7110 I think the default is 20%. Depending on your income you might have to increase

[@studimeglio7110]

@@danieljustdaniel8875 you are absolutely right, it’s 20%. I would only need to take out 15% so they will be taking out more. My error

[@rgt321]

Could I take it all out at once and reinvest it in solid stocks that provide dividends?

[@PlanYourFederalBenefits]

Yes you can but you will want be careful when withdrawing from your TSP in large lump sums as this can cause tax problems.

[@hugostiglitz7373]

@@PlanYourFederalBenefits What is considered a large lump sum?

[@rickdarone]

Metlife is a stock company. What are your thoughts about doing an annuity using a mutual company instead?

[@theodorehaskins3756]

So why do you think it would make a difference whether the company is a mutual company or a publicly traded stock company? What is your concern about the company’s structure?

[@theodorehaskins3756]

So in the case of the TSP, I believe that the only company that you can have your TSP account annuitized is through MetLife.

[@agravy7657]

can i withdraw early?

[@wardailhami3662]

My question what to do if u trying to quit and move out of the country. Can I get the money that is in my TSP.

[@theodorehaskins3756]

So the answer to your question is yes, it’s your money, take it and run, but don’t forget, that any money you take out of TSP is subject to withholding and taxation. So what do I mean by withholding? Any amount of money you take out of TSP other than a loan is defaulted at the rate of 20% withholding, so for instance if you withdraw $50,000, your check will be reduced by $10,000 which is 20% X $50,000 = $10,000 and so you can increase the amount of withholding, but you cannot go below 20%, as that’s the minimum on any withdrawals other than a loan. So what do I mean by taxation? Taxation is what happens when you file your tax returns at the end of the year prior to April 15th, unless of course you file for an extension, but either way April 15th is tax payment day as some people incorrectly think of it, as tax filing day, but think of it this way, if you owe the government money you need to pay by April 15th or they will start to assess penalties and late fees, but if you’re expecting a refund, because you overpaid your taxes, then April 15th it’s just another date on the calendar, because the government already has your money, and you have to file a return if you want to get that money back, and so the IRS doesn’t care when you file your tax return because they already got your money and you have to file a tax return in order to get that money back, and that’s the difference. So if you have money in the TSP, its your money, and you can take it anytime, and go wherever you wanna go. Cheers 🥂

[@masoncooler3]

is this ONLY after retirement or for someone still wotking also???

[@PlanYourFederalBenefits]

Most of the time, just after you retire

[@jamesuthman8931]

Put your money in the pretax TSP or Post tax Roth?

[@PlanYourFederalBenefits]

Great question, It depends. Here is an article that could help: hawsfederaladvisors.com/when-you-shouldnt-use-the-roth-tsp/

[@miguelangelrodriguez5684]

Would you advice a large TSP withdrawal to invest in real estate?

[@PlanYourFederalBenefits]

Be careful not to take too much out in one year because it could pop you up into another tax bracket.

[@HeyitzATM]

@@PlanYourFederalBenefits could you make a video on that question?

[@alrocky]

@@HeyitzATM Here's an example assuming Married Filing Jointly: 12% FTB $20k - $81k 22% FTB $81k - $173k If you need between $81k to $160k, withdraw half in Dec and other half in Jan.

[@RYANUSNAVY-gc1bh]

I have a question >>> lets say somebody has just retired at age 62 & collecting social security & government pension & they have $500k in TSP & they want to WITHDRAW it all & use that money to invest somewhere else....How much EXACT TAXES do they pay on the $500k...I've heard its %20 & i've heard its %30 ...nobody seems to know for sure.....lets say its %20 ...will TSP write me a CHECK FOR %20 OF $500K = $400K ? IS THAT HOW IT WORKS? THANKS IN ADVANCE....

[@alrocky]

You can roll your TSP account to traditional IRA and invest within that IRA with no taxes.

[@janejones2439]

It's 20% that TSP withhold for taxes.

[@aarong4310]

I'm not gonna live past 50, and I need the money. I've been separated from the armed forces for a bit now, I know lump sum is bad overall, but what can I even do? =/

[@jenpearce1537]

You did not mention the options and advantages of an IRA rollover.

[@RobertLinthicum]

TSP "customer service" has proven so slow, arrogant, and incompetent that I am directly transferring every penny of my TSP into my Schwab self-directed Traditional IRA. When I pass away I do not want my heirs to have to get "the TSP exerience" (read, garbage).

[@daisymaefrench4041]

I have only one beneficiary, my son who had a stroke at age 42. I am so afraid of dying and having my son having to deal with the dim witted TSP people. I am not financially that intelligent and I don't know how to handle removing the funds and where to place them. I need help but don't know where to find it.

[@hugostiglitz7373]

@Haws Federal Advisors I would like to hear your answer to this woman's question. I'm genuinely curious.

[@williamhoffman6729]

Please put some batteries in that clock! Lmfao...

[@sfcrmsa]

#1 comment right there!

[@exvan3571]

Not a clock. It's the G Fund Interest Calculator.

[@saulsolano4544]

@@exvan3571 maybe it got hit by lightning on November 12 1955. Lmfao if you get it.

[@pamhayes6555]

He took the battteries out of the clock because the ticking was so noisy and irritating.

[@MrDavidsuits]

Can I take it all at one time? I like to take it all to pay off my house and pay off car payments. I will have enough money to live on with SSI and VA disability. I will still make over 4k a month and that is good for me. my wife is 21 years younger then me and has her own TSP she is building.

[@PlanYourFederalBenefits]

You can take it all at once you will just want to watch our for taxes

[@ggreenleaf47]

@@PlanYourFederalBenefits but wouldn't taking all at once make more sense, since you're only taxed at 20% onc rather than each time i withdrawal?

[@EdwardRaybould]

@@ggreenleaf47 My understanding is that the 20% number is not a tax amount, it is a withholding amount. Depending on the size of your withdrawal that could place you into a higher tax bracket (as an example, an effective tax rate of 25%) and you would still owe some additional taxes. On the other hand, you could be in a lower tax bracket and get a refund from the IRS when you file your return.

[@lizadivine3785]

Options start at 3:51

[@susan6336]

Ugh. I rolled 90% over into an IRA. TSP is too cumbersome to deal with.

[@ftwx5797]

Leave your money in the TSP just take scheduled withdrawals by the time you retire your tax bracket should lower, you will be spending less and TSP is the lowest cost of ANY other mutual fund compared to fidelity, vanguard ect. 10 G fund, 45 S fund, 45 C fund don’t hyperventilate when there’s a crash and let it ride been doing that since 2003!

[@Mc.flyyy11]

What did you end up with in tsp when you retired in 03?

[@reidloscidem3562]

"Most tax benefits". Now you have my attention. I shall stay tuned!!

[@terryneal5569]

I think there are many choices better than taking an annuity and since knowing that MetLife is the people who manage the annuities I would never ever ever take an annuity because I have my dental insurance through the voluntary benefits program that is managed by MetLife and the way they handle my dental claims I would never ever do business with them.

[@PlanYourFederalBenefits]

Great point!

[@MikeandLisasExcellentAdventure]

Your clock needs new Batteries

[@PlanYourFederalBenefits]

I didn't like the ticking :)

[@Daisho289]

I'm active duty in the army but I'm getting out soon.. I'm in Georgia, where do I go to withdraw my tsp?

[@PlanYourFederalBenefits]

Ideally a state with no income tax like Florida

[@tolitze6521]

Lol this was 3 years ago and mentioned that inflation could get bad. Now inflation is high.

[@akilla214u2c]

The TSP funds to me are lacking a bit. There should be funds that allow you to invest into current markets like technology, Healthcare, biotechnology, etc...

[@PlanYourFederalBenefits]

Well that may be coming come the summer of 2022. We'll see

[@emjay2045]

Quoting O… gimme a break !!!

[@greggrodgers5926]

Your clock needs a new battery

[@sfcrmsa]

I will tell you what I am going to do when I retire, ABSOLUTELY NOTHING! Nobody ever asks anyone on unemployment, TANF, welfare, DPA, food stamps, SSI, or other social assistance what are you going to do; Volunteer? Get a second job? Give back to the community? I know exactly how to budget, spend my money and make it last.

[@PlanYourFederalBenefits]

Nice perspective! Thanks for sharing.

[@hrobbins]

well said!

[@UnkleAL1962]

this is already outdated. You have no options for quarterly or annual amounts. I REALLY don't like the attitude of the website or the TSP in general when trying to do a withdrawal.

[@brucerowe2895]

I had a friend that found out she made more money getting an annuity, than she would get from her RMD withdrawal. I also found out you can not withdraw less than $1000 at a time if you want to transfer money from a TSP to a Roth, you also have to have met your RMD for the year before you can do the transfer.

[@PlanYourFederalBenefits]

Great points!

[@freddyhollingsworth5945]

if you are worried about your wife pulling out all your TSP once you die an taking it to a casino, put it all in an annuity that can't be revoked...that way she will get the monthly check till the day she dies....no need to worry about her blowing the whole thing at once....

[@paullol7852]

How about: take care of your money so it can take care of you

[@PlanYourFederalBenefits]

Great point!

[@crackinthesky]

Oprah is becoming one of the most hated people in the USA, I would not take her advice for anything. Be careful whom you support to your audience. Did deeper into Oprah and forget her talk show, see whom she really is. Bad way to start a program. However; thank you for the advice.

[@33ladyRAM]

LOL...good thing a small sample size doesn't make it a fact.

[@crackinthesky]

@@33ladyRAM You mean like your 100 subscribers of the billions of YT users? ;-) Stick to your sports. Take a knee.

[@33ladyRAM]

@@crackinthesky - lol I'll do one better. I'll also salute while taking a knee😁

[@lanchedriver5655]

Opey Windbag?? Are you serious??

[@grissomfire]

Don't like it leave.

[@angelbrigg]

She has money so it makes sense he gave a quote from someone wealthy. I don't like her myself, but I appreciate she has wealth and may have some insight to watch.

[@oldkoot5828]

Oprah has plenty of room to talk - multimillionair!

[@sm6839]

Ok. Well she is super 🤑 rich

[@PlanYourFederalBenefits]

Thanks for sharing :)

[@brdhus]

Dude you lost me at Oprah.

[@charlieann456]

Oprah? Yeah, no.

[@holygod3737]

Are you a Mormon

[@chrisalley9718]

Quoting Oprah? Smh

[@ladybgail]

Quit using Oprah

[@wander-a-lottravel8091]

No fan of Oprah! Almost shut this off.