During the first week we will show you how your Federal Retirement is going to look like. We will go through the Federal Retirement System Pension and Social Security benefits. You will be able to calculate the FERS Pension, know what to include in your pension and how much you can expect from your Social Security in retirement.
Second week will cover the U.S. Federal Income Taxes. You will learn how to legally control your tax back in the future. We will also guide you through Long Term Care Insurance, Life Insurance and Thrift Savings Plan (TSP). You will learn what is the difference between all of them, how and which one to use in a particular situation.
The third week is dedicated to everything about Federal Employee Health Benefits, Estate Planning and Medicare. You will be able to choose the best options when it comes to your health care for you and your loved ones. You will learn about carrying your FEHB into retirement for you and your spouse, how this program works with Medicare and whether you need to enroll in Medicare.
Week four is all about navigating the nitty-gritty details of Estate Planning. You will be able to transfer your assets and you will know what factors can impact your heirs as you advance in age.
Week five will guide you through one of the most important aspects of planning for your retirement: Risk Management. You will be able to absorb, reduce or transfer risk while working and during your retirement. You will know everything about life disability, Long Term Care and Medicare and how to weave all those insurances together.
Week six addresses a big concern for federal employees: retirement income. Through guided training and resources you will learn how much income you need in retirement, where it is going to come from, how the first supplement on Social Security plan is going to look like and when you should put those in.
Week seven focuses on investments and opportunities around non-TSP investments. Federal employee benefits are critical to your financial plan, but they should be only a part of your greater plan. You will learn what the horizons in your investments are, what you should look at while investing, how much should you be thinking about a cashbook, how much should be in bonds and how to invest in long-term equities.
Week eight is dedicated to one of the most dreaded aspects of retirement and financial planning. After this week you will have the knowledge about tax laws, how to do your taxes alone and which bucket to draw your taxes from. You will be familiar with tax language and you will know what after tax, pre tax, raw IRA are.