Page 27 - The Informed Fed--Hearn Wealth Management

Everyone and every situation is unique, especially when it comes to
structuring the federal employee benefits package. There are numerous

cultures, socioeconomic classes and personality types that interact on a
daily basis. The only thing about federal employees that is the same is
their benefits. The options on how to get the most out of those benefits

is full of variables. Here are some examples where variables can become

Creditable service date
The number of years an employee will word.

The amount an employee commits to the TSP

Spousal income
The retirement of a spouse

Investments outside the TSP

Saving patterns and amounts
Are there any inherited funds?

Number of dependents

Personal lifestyle
Debt load

Spending habits
Health issues

Educational expenses

Net assets
Projected inflation rates at retirement

Current and future tax bracket Current and future income

requirements
Investment risk tolerance

Your personal timeline (more discussion on this later)

Support of elderly parents

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