Taking the fork? Think twice before withdrawing your FERS contributions! You may be eligible for a “deferred annuity” if you have 5 or more years of federal service!
Forked Feds – Can You Still Get a Pension?
Tag: retirement
Jar 2.0: Taxable Early Retirement Fund
FreedomJar 2.0 – Focusing on the “early” part of early retirement. We need to plan how we’ll bridge the gap between early retirement age and 59½, when you can start withdrawing from retirement accounts.
SEP-IRA: a 401k Alternative for the Self-Employed
A brief explainer on SEP-IRAs, something like a 401k for self-employed people (and side hustlers!) As a W-2 employee, I did a pretty good job contributing to my 401k, but decided to take a leap into the world of 1099 subcontracting. I knew I wanted to keep the retirement momentum […]
4% Rule: The Key to Retirement at Any Income Level
Explaining the basic (but life-changing!) “4% Rule” – which lays out a path to retiring safely at any age. The “safe withdrawal rate,” also commonly referred to as the 4% rule is simply this: You can withdraw 4% of your invested assets…forever! It’s not a particularly new or complicated concept, […]
What is early retirement? I’d sure like to find out!
It was a grim but somewhat common story in the Air Force: Some crusty Senior NCO would retire (at roughly 40yo) and everyone gathered around the free cake & punch would place bets on how long he’d last…