Your Thrift Savings Plan


Book Description




TSP Investing Strategies


Book Description

The Thrift Savings Plan is a tax-advantaged individual investing vehicle for U.S. military personnel and federal government employees. With among the lowest fees in the business and government matches of up to 5% of participant contributions, it is also one of the greatest mechanisms through which to build long-term wealth in the world! The 2nd edition of "TSP Investing Strategies," published in early 2020, features significant updates and 50% more material to the best-selling 1st edition published in 2011. While many books cover various topics related to personal finance and investing, very little has been written specifically on investing in the TSP or on how to incorporate investing in the various TSP funds with one's overall financial goals. This 2nd edition examines 100+ years of investing in stock and bond indexes similar to those in the TSP over rolling 20-, 30-, and 40-year periods and implications for TSP investors in any market environment. Drawing from a structured examination of long-term market data, "TSP Investing Strategies" provides context for investing during major market swings, from euphoria to market crashes, as well as average time it takes for a buy-and-hold investor to recover following major market declines. The book details approaches for individual participants to determine their own mix of investments based on personal risk tolerances. The book also examines the impact of dollar-cost averaging, the importance of reinvesting dividends, compound growth and the 'rule of 72, ' correlation coefficients among the TSP funds, structured approaches to rebalancing funds over time, and approaches to debt management and 529 college savings plans, among many other topics. And in a new "Strategy VI," the 2nd edition also details important and potentially money-saving topics related to insurance, wills and trusts, and online and TSP account security. An extremely accessible, easily understood primer that simply and precisely explains the options and what they mean, "TSP Investing Strategies," 2nd edition, establishes a comprehensive road map for TSP investors to build greater wealth over the long term. This is the go-to book for anyone currently serving in the U.S. military or federal government, and for friends and family service members as well




Fedsavvy


Book Description

Are your federal benefits at risk? Are we at the point of every man/woman for themselves? FedSavvy will take you through the complexities of the federal retirement system so that you can make informed decisions about your financial future. Federal Employees have some great benefits, however, going through the maze to figure out if you are taking advantage of them can sometimes be complicated. At present, most federal employees are feeling threatened because the Congressional Budget Office is dangling a knife over their benefi ts. Build a meaningful and profi table retirement profi le, by understanding: • How to calculate your CSRS and FERS pension • Documents you will need to have • The best dates to retire • Credit for unused sick leave and annual leave • How does Social Security affect the CSRS annuity • VCP - the best benefi t for CSRS and CSRS Offset • How to not only save but allocate your funds in the Thrift Savings Plan • Sequential Income Planning with TSP • Magic Numbers for TSP • An understanding of the Federal Insurance Programs: FEHB, FEGLI, and FLTCIP




Savings Fitness


Book Description

Many people mistakenly believe that Social Security (SS) will pay for all or most of their retire. needs, but the fact is, since its inception, SS has provided little protection. A comfortable retire. usually requires SS, pensions, personal savings & invest. The key tool for making a secure retire. a reality is financial planning. It will help clarify your retire. goals as well as other financial goals you want to ¿buy¿ along the way. It will show you how to manage your money so you can afford today¿s needs yet still fund tomorrow¿s. You¿ll learn how to save your money to make it work for you & how to protect it so it will be there when you need it. Explains how you can take the best advantage of retire. plans at work, & what to do if you¿re on your own. Illustrations.




Die with Zero


Book Description

"A ... new philosophy and ... guide to getting the most out of your money--and out of life--for those who value memorable experiences as much as their earnings"--




The White Coat Investor


Book Description

Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life saving procedures. However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection. This book fills in the gaps and will teach you to use your high income to escape from your student loans, provide for your family, build wealth, and stop getting ripped off by unscrupulous financial professionals. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book also contains advanced concepts specific to physicians you won't find in other financial books. This book will teach you how to: Graduate from medical school with as little debt as possible Escape from student loans within two to five years of residency graduation Purchase the right types and amounts of insurance Decide when to buy a house and how much to spend on it Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor Avoid investments which are designed to be sold, not bought Select advisors who give great service and advice at a fair price Become a millionaire within five to ten years of residency graduation Use a "Backdoor Roth IRA" and "Stealth IRA" to boost your retirement funds and decrease your taxes Protect your hard-won assets from professional and personal lawsuits Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die Minimize your tax burden, keeping more of your hard-earned money Decide between an employee job and an independent contractor job Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation Take a look at the first pages of the book by clicking on the Look Inside feature Praise For The White Coat Investor "Much of my financial planning practice is helping doctors to correct mistakes that reading this book would have avoided in the first place." - Allan S. Roth, MBA, CPA, CFP(R), Author of How a Second Grader Beats Wall Street "Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research." - William J. Bernstein, MD, Author of The Investor's Manifesto and seven other investing books "This book should be in every career counselor's office and delivered with every medical degree." - Rick Van Ness, Author of Common Sense Investing "The White Coat Investor provides an expert consult for your finances. I now feel confident I can be a millionaire at 40 without feeling like a jerk." - Joe Jones, DO "Jim Dahle has done for physician financial illiteracy what penicillin did for neurosyphilis." - Dennis Bethel, MD "An excellent practical personal finance guide for physicians in training and in practice from a non biased source we can actually trust." - Greg E Wilde, M.D Scroll up, click the buy button, and get started today!







How to Retire Rich


Book Description

Now in paperback--the groundbreaking investment guide by bestselling author James O'Shaughnessy that shows you the simple way to create the fully funded retirement you deserve. Even if you think you're in great financial shape and can afford two cars and several vacations a year, the numbers in your savings and retirement plan don't always add up to a wealthy--or financially secure--future. In How to Retire Rich, investment wizard James O'Shaughnessy uses his revolutionary analysis of the Standard & Poor's CompuStat Database and stock market history to identify exactly which strategies have consistently beaten almost all active stock pickers over the past four decades--and to show regular folks like you how to apply these proven formulas to your 401(k) and your savings plan, and, over time, grow as little as $2,000 into more than $4 million. By adopting O'Shaughnessy's logical, proven approach and by avoiding hunches, hot tips, and trendy advice from high-profile gurus, you, too, can master the basics of investing, dramatically increase your net worth, and fund the retirement of your dreams.




FERS Transfer Handbook


Book Description




The Military Money Manual


Book Description

You work hard serving your country. Let your military money work hard for you.In this practical guide, Air Force veteran Spencer C. Reese, founder of the popular personal finance site MilitaryMoneyManual.com, offers invaluable tips and tricks to help service members reach financial independence.A must-read for any service member, this comprehensive personal finance book covers the fundamentals of saving money while serving and how to take advantage of the unique financial perks available to military members.Reese offers invaluable advice on topics such as how to:- Budget, save money and build wealth while serving- Take advantage of unique perks available only to service members- Get fee waivers on high-end credit cards to earn money and points for travel- Use tax-deferred savings plans- Investing and planning for the future- Financial self disciplineThis practical financial roadmap is for service members of all ranks, branches and income levels. Whether you're a new cadet, active duty or reserve, this financial guidebook is essential reading to gain more control over your finances.With a down to earth tone and easy to understand language, The Military Money Manual shows readers that yes, it IS possible to reach financial freedom while serving in the military.