Retirement & Financial Planning Report

Your elderly parents or other aging loved ones might need substantial care, and so might you some day. Nursing homes …More

Many older persons don’t insure themselves against long-term care costs simply because they can’t afford the premiums, with the effect …More

Certain FERS employees who want to retire on an immediate annuity are faced with the prospect of having their annuities …More

If you still have a life insurance policy you bought more than 10 years ago, you’re probably paying too much …More

The percentage of a couple’s pre-retirement income that Social Security benefits replace has declined and will continue to decline, in …More

All FEHB plans have a coordination of benefits or double coverage provision. The purpose of this provision is to enable …More

A power of attorney is a document where one person (the principal) names another (the agent), who can act for …More

The formula for determining a Social Security benefit is much more complex than that for figuring a federal retirement benefit, …More

Properly organizing and storing your financial records can pay off for both yourself and for your survivors, on your death. …More

The numerous issues involved long-term care insurance are largely responsible for the relatively low rates of purchases of such policies, …More

Understanding your retirement benefits as a federal employee or retiree includes understanding potential benefits to your children, as well as …More

If you have a second home you might want to rent it out either periodically or on a long-term basis. …More

The economic downturn had the largely predictable effect of making more Americans more concerned about their retirement security, but years …More

Marriage after retirement can have differing effects on an annuity, depending on the situation. For retirees not married at retirement–either …More

To make sure you have a more comfortable retirement, pay down your debt while you’re still working. Start with your …More

Those approaching retirement today need to be even better prepared for retirement than did prior generations but as measured by …More

Your high-3 for purposes of your annuity calculation is an average of your highest rates of basic pay over any …More

When you hear investment professionals speak of “cash,” they’re not talking about twenty-dollar bills in your dresser drawer. Instead, they …More

There are five main components to income in retirement, according to a study that found troubling trends emerged during the …More

Eligibility for survivors benefits under Social Security differ greatly from the rules applying in the federal retirement program. In Social …More

Many retirees rely upon their investment portfolios to support their lifestyle, in particular IRAs. This can present special challenges for …More

There are three traditional approaches to living on investments during retirement but each has some disadvantages and there is growing …More

The interlocking and somewhat overlapping features of FEDVIP, FEHB and the flexible spending account program take time to sort out. …More

An IRA is meant to be an Individual Retirement Account, spent down during your lifetime and your spouse’s lifetime. However, …More

The trend toward working longer—or at least hoping to work longer—has been continuing, although differences by gender remain, according to …More

Some private businesses are willing to buy the insurance policies of people who are terminally ill. They purchase a policy …More

In retirement, one of your major assets will be your home. Is your homeowners insurance adequate to protect such a …More

Overall lower average salaries for women translate into less financial security in retirement, according to a report from the Democratic …More

If you go back to work as a rehired federal annuitant, your TSP benefits will be subject to certain special …More

If you’re single (divorced, widowed, never married), you’ll probably name your child or children. After your death, they can stretch …More