What’s on our mind
Trump or Biden? Buy or Sell? Don’t forget about special webinar on October 20th at noon!
BIASED! How Behavioral Finance Impacts Investors and Investments next week October 20th, from Noon to 1:15pm. Imagine meeting me in January 2020 and I predicted the following for the markets. “I’m really worried. I believe 2020 will be the year we are hit with a...
The Roth TSP: Why isn’t it more popular?
Why isn’t the Roth TSP more popular? As of June 2020, there were 3,569,305 FERS participants in the Thrift Savings Plan. However, only 666,175 people actually had money in the Roth TSP— only about 18% of all folks enrolled in the plan! Additionally, the average Roth...
Summary of the New Thrift Savings Plan Distribution Regulations
New Thrift Savings Plan Distribution Regulations Starting in September of 2019 year, OPM unveiled its New TSP distribution regulations as mandated by the TSP Modernization Act of 2017. These rules new regulations are a long time coming and will provide many retiree’s...
Spotify Wrapping your Money.
Have you checked out your year-end Spotify Wrapped? How about doing the same for your budget?
Surrender charges are one of the many terrible aspects of a 403(b) annuity
About 76% of assets in 403(b) plans are in annuity-based products. Almost all of those annuities contain surrender charges. So, before investing in one of these annuities it pays to understand how these charges work and what it means for you.
Is FEGLI a waste of money?
Is FEGLI a waste on money? Let's find out. Lessons from the ‘Boiling Frog’ on making smarter insurance decisions. The boiling frog is a fable describing a frog being slowly boiled alive. All gore aside, the premise is that if a frog is put suddenly into boiling water,...
Behind the curve. Grading the TSP on new withdrawal rules
n September 15th, the TSP rolled out their much-anticipated new distributions rules and regulations required by the TSP Modernization act of 2017. With the approval of this law, it finally brought thousands of retired TSP participants relief from the previous stringent withdrawal restrictions.
The Thrift Savings Plan is cheap, unless you retired.
Is the Thrift Savings Plan actually cheap for retirees? The Thrift Savings plan is rightfully lauded for its great attributes, the extremely low expenses, use of index funds and overall simplicity. These features have contributed to the successful retirement for...
6 Months and Counting: Mission Point August Newsletter
Amazon: You package will be delivered Wednesday. Everyone: Great, when is that? I woke up the other day, looked at the calendar and said to myself, 'wow, it's August already!" It felt like the beginning of Covid19 and stay-at-home orders all started last week. No, we...
Investing is like riding a rollercoaster. And it shouldn’t be any other way.
.I heard a wise old financial planner once say “Investing is like a roller coaster, it goes up, it goes down. You start and end in the same place. But after the ride, you’re never quite the same.” Wow, investing sure does feel like that? More now than ever. I like...
Introducing Our ‘Casual Friday Video’ Series: Jamaican Beach Hut and Diversification
What does portfolio diversification and a Jamaican Beach Store have in common? Surprising quite a bit! Starting with our first video, each Friday we will take a financial topic and break it down into a fun and relatable lesson! In this lesson we break down how to...
Rooting for a Happy Ending: Covid-19 Economic Update Webinar Replay Available
Three months ago, COVID-19 was an internet meme poking fun at a specific Mexican beer. One month later it evolved into the biggest economic and health crisis this country has faced in decades. Today—as the virus and our economic conditions have further changed it...