The Biggest Threat to Your Federal Retirement (and How to Avoid it)

Retirees face many challenges but this one threat can derail a retirement entirely. Federal employees should plan carefully how to plan their retirement income or risk running out of money before running out of time. Thiago Glieger discuss how to implement retirement income strategies to help keep your retirement safer.
💬 [FREE NEWSLETTER]: thefedcorner.c...
POPULAR VIDEOS:
✅ [Retire ASAP If You Can Say YES To These]
• 3 Ways to Know You Can...
✅ [The RIGHT Way To Use Your TSP]
• The RIGHT Way to Use t...
✅ [AVOID The Roth If This Is You]
• 5 Reasons to AVOID the...
✅ [TSP Invested Like a Pro]
• Invest Your TSP Like A...
►Want to see more of our videos? Click here: www.youtube.co...
►Visit our federal employee retirement website: thefedcorner.com/
►If you're interested in setting a time to meet with Thiago Glieger, click here: thefedcorner.c...
►If you'd like help from a team of Certified Financial Planner (CFP) professionals that specialize in working with federal employees, learn more here: thefedcorner.c...
--
Subscribe to TFC channel and click the Bell icon to be notified when we release new content.
The Fed Corner is a purpose built channel of information and financial planning strategies specifically designed for Federal Employees. We're fiduciary financial planners by trade, and we talk about money, building wealth, navigating your federal benefits, financial planning, the economy, the markets, and more. The things we talk about on here are not to be taken as advice, visit our site for disclosures and seek help from appropriate advisors.
Copyright © 2023 The Fed Corner - All Rights Reserved. Investment Advisory services offered by Risk Management Group d/b/a RMG Advisors, a registered investment adviser. Reviewing, posting, commenting or otherwise engaging on this site is not intended to be endorsements of RMG, our advisors or our services, and are not compensated. Activity on this site is not a substitute for working one-on-one with an investment advisor and does not constitute an engagement. RMG only provides advisory services when a financial services agreement has been executed. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users.
#TSP #federalemployees #federalretirement

[@TheFedCorner]

If you enjoyed this video, consider subscribing to our channel by using this link: kzbin.info AND if you're interested in our FREE newsletter, you can find it here: thefedcorner.com/current-resources#764c6ea5-6ec2-4c7d-b04a-99745e48d53f

[@davidfolts5893]

One of the sharpest financial KZbinrs out there! Thank you for the great content.

[@TheFedCorner]

Glad it was helpful and thanks for supporting!

[@AKBRONCOSFAN007]

This plan is flexible and some thought has been put into it. Wouldn’t a bucket strategy approach work just as well if not better? If you have 3-5 years of cash saved based off past years’ expenses then when there a couple of down years in the market a person is able to weather the storm without compromising their standard of living. Then when the markets rebound and they will you can pull money from those accounts to restore your cash reserve. However, like most things in life there is usually more than one way to resolve a “problem/challenge” and end up with the same result. I’m glad I came across your channel. From the videos I’ve watched you approach each topic in your videos in a pragmatic sensible way and then take time to explain things in way that the “Average Joe” can understand. I like that.👌 Cheers from North Pole, Alaska!

[@TheFedCorner]

I hear it's beautiful up there! Haven't had the opportunity to visit AK myself but it's on the list! To your question: you are correct, the bucket strategy is another approach that's a bit simpler when looking to create a retirement income system. The challenge we've seen is that retirees often overweight the more conservative buckets, and then run into issues 15-20+ years into the future by not having earned enough growth along the way. Sometimes we find feds have a harder time sticking with a regimented bucketed approach compared to assessing more regularly with a dynamic income system. To your point, sometimes a combination of systems may work better for a particular family. Thanks for your support and for tuning in! -TG

[@j.e.s.4121]

Only ONE $10,000 vacation in a year! Sir, I am a human being.

[@TheFedCorner]

🤣🤣Ha! I hear you. But hey, this could be three $3K trips in a year as well! -TG

[@j.e.s.4121]

Right. Kidding aside, really appreciate the great content.

[@s.c.6367]

Fantasy world $10,000 a month cash flow in retirement after taxes? The average household income in the United States being about 60 to 70,000 that is before taxes. What kind of fantasy is this or is that just for easy calculation?

[@TheFedCorner]

Most of our clients live in expensive areas of the country and have been good savers.

[@mailpeters]

Another threat for those of us nearing retirement could be the potential schedule F conversions. Can you do a video for people that might be forced to retire earlier than they wanted?

[@TheFedCorner]

We'll add it to Thiago's list of requests! Thanks for tuning in!