The Fed15 Podcast: Early-Career Retirement Strategies: Insights for Women + TSP Millionaire Success

Описание к видео The Fed15 Podcast: Early-Career Retirement Strategies: Insights for Women + TSP Millionaire Success

Dan and Katelyn explore early federal retirement planning for women, reviewing various benefits and programs. They discuss the rise of TSP millionaires and offer insights on how to achieve this status. In both cases, they emphasize the importance of starting early.

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Katelyn emphasizes early retirement planning for women, noting the need to explore benefits and strategies for a resource-rich retirement. She highlights that women often live longer than men and face unique challenges with pensions and Social Security due to multiple societal roles. Katelyn also outlines key considerations for FERS, TSP, FEHB, HSAs, and Roth IRAs.

Dan explores the rise of TSP millionaires and shares insights on achieving this milestone. He emphasizes starting early and taking advantage of the contribution match, as well as the benefits of catch-up contributions after age 50. He warns against being overly conservative when young and stresses the need for proper asset allocation, along with the importance of staying the course through market volatility. Finally, he advises seeking professional help to build a diversified portfolio.

**DISCLAIMER – THIS IS NOT FINANCIAL ADVICE**
The Fed15 podcast is presented by Serving Those Who Serve, a financial planning practice serving federal government employees and retirees all over the country.

This podcast is presented for information and entertainment only and is not intended to be taken as financial advice. All listeners should consult their personal advisors before taking any action. The opinions expressed therein are not the opinions of Raymond James or Serving Those Who Serve.
Insurance policies have exclusions and/or limitations. The cost and availability of life insurance depend on factors such as age, health and the type and amount of insurance purchased. As with most financial decisions, there are expenses associated with the purchase of life insurance. Policies commonly have mortality and expense charges. In addition, if a policy is surrendered prematurely, there may be surrender charges and income tax implications. Guarantees are based on the claims paying ability of the insurance company.
Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. There is no assurance any of the trends mentioned will continue or forecasts will occur. Investing involves risk and you may incur a profit or loss regardless of strategy selected.
Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional.

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