Many federal employees approaching retirement see $1 million in their Thrift Savings Plan (TSP) as the ultimate goal. After years of saving and investing, they wonder if this amount is enough for a comfortable retirement. The truth? It varies. There's no one-size-fits-all retirement number. Some may retire comfortably with $400,000, while others might feel insecure with $2 million. Your lifestyle, expenses, health, debt, and other income sources influence whether $1 million suffices. As a...

As we approach a period where the possibility of a government shutdown looms on the horizon, it is crucial to take proactive steps to ensure that you and your family are well-prepared for any disruptions that may occur. Here is a checklist to help you get ready. Financial Readiness ☐ Calculate 1–2 months of essential expenses ☐ Build or add to an emergency fund ☐ Keep savings in easily accessible accounts ☐ Reduce non-essential spending now ☐ Keep $300–$1,000 in cash if possible Bills &...

Tips for getting ready for tax season