#145 Longevity vs. Living Today: The Retirement Balancing Act You Should Know
Listen to the Full Episode: Retirement isn’t just about making your money last, it’s about using it wisely while you still can. In this episode of the Plan Your Federal Retirement podcast, Micah Shilanski, Managing Partner, Wealth Advisor, is joined by his father, Floyd Shilanski, Managing Partner, Wealth Advisor, to unpack one of the […]
#144 Finish 2025 Strong, Start 2026 Smarter: Federal Retirement Planning
Listen to the Full Episode: As the year closes, federal employees can’t afford to miss critical planning opportunities that protect their retirement and avoid costly mistakes. In this episode of the Plan Your Federal Retirement Podcast, Micah Shilanski, Wealth Advisor, and Luke Eberly, Wealth Advisor, break down real-world, end-of-year action items they are actively […]
#143 Tax-Saving Strategies for the Year-End: What You Need to Do Now
Listen to the Full Episode: A year-end retirement review can be a valuable step for federal employees who want to better understand their benefits and financial positioning heading into the new year. In this episode, Micah Shilanski, Managing Partner and Wealth Advisor, and Floyd Shilanski, Managing Partner and Wealth Advisor, discuss key planning areas […]
#142 Year End – What Planning You Need to Do
Listen to the Full Episode: Year-end is one of the most strategic times for Federal Employees to review their financial picture, retirement timeline, and tax exposure. In this episode, Micah Shilanski, CFP®, and John Raleigh, CFP®, walk you through the essential steps you should take before December 31st to stay on track and avoid […]
#141 Furloughed! What Federal Employees Can Do When Paychecks Stop
Listen to the Full Episode: In this episode of Plan Your Federal Retirement, Jamie C. Shilanski, RFC®, talks about one of the most stressful situations federal employees face: a furlough. Whether this is your first or fifth time experiencing one, Jamie breaks down practical, real-world strategies to help you stay financially stable, protect your […]
#140 What Federal Employees Are Really Asking About Retirement
Listen to the Full Episode: Ever wonder what questions other federal employees are asking as they plan for retirement? In this special episode, we’re taking you inside our recent in-person workshop, where we spent the day with federal employees diving deep into their benefits, tax planning, and retirement strategies. From understanding the 2026 TSP Roth […]
#138 Money Can Hurt, Especially Kids With Money….
Listen to the Full Episode: When it comes to money, the emotional impact is often overlooked, but it can ‘make or break’ a family’s financial future. In this episode, Micah Shilanski, Wealth Advisor and John Raleigh, Wealth Advisor discuss how inheritances, sudden windfalls, and poorly managed gifts can end up causing more harm than good, […]
#137 Medicare & FEHB: Your Blueprint for Retirement Healthcare Success
Listen to the Full Episode: Healthcare is one of the most important, and often most confusing, parts of retirement. For federal employees, the combination of Medicare and FEHB (Federal Employees Health Benefits) adds unique rules, costs, and opportunities. In this episode of Plan Your Federal Retirement, Micah and John break down the myths, penalties, and […]
#136 Maximizing Your Social Security: The Insider’s Guide
Listen to the Full Episode: Social Security is one of the most misunderstood parts of retirement planning. For federal employees and their families, it’s not about whether to take it early or late; it’s about how to coordinate Social Security with your pension, TSP, survivor benefits, and taxes. In this episode, Micah and advisor John […]
#135 Your Last Year Before Retirement: The Ultimate Prep Guide
Listen to the Full Episode: Are you a year away from retirement? The final 12 months before you retire from federal service are some of the most exciting — and most critical — months of your career. This is when decisions get real, timelines matter, and small mistakes can cost you big in the long […]
#134 Retirement Readiness: The Secrets to Knowing You’re Truly Ready
Listen to the Full Episode: What does real retirement readiness look like? In this episode, Micah is joined by his father and mentor, Floyd, to reveal the overlooked aspects of retirement planning that can cause major regrets later. Drawing from years of experience, they share essential insights on mental readiness, investment strategies, the Retirement Service […]
Changes in the Retirement Process
Listen to the Full Episode: Facing the New Challenges of Federal Retirement: What 2025 Means for You Federal retirement in 2025 requires thoughtful consideration of not only financial numbers but also personal readiness and changing workplace conditions. Recent shifts in policy and evolving job satisfaction levels mean that each federal employee’s retirement journey is unique […]
#133 Smart Retirement Planning in Volatile Markets: Cash Flow, TSP, and Taxes
Listen to the Full Episode: Are today’s market swings making you nervous about your retirement? You’re not alone but the good news is, there are steps you can take to feel confident and in control. Tune in and learn how to build a resilient plan with cash reserves & smart spending, avoid common tax mistakes […]
#132 Understanding How the Economy and Your Retirement Portfolio Are Related
Listen to the Full Episode: In this episode of the Plan Your Federal Retirement podcast, Micah Shilanski and Christian Sakamoto dive deep into the relationship between the economy and your retirement portfolio. Markets are unpredictable. Your retirement doesn’t have to be. Learn how the economy & your retirement portfolio work together. If you’re a federal […]
#131 The Government Is… What Can You Control?
Listen to the Full Episode: Is your financial plan ready for unexpected changes? In this episode, Micah and Jamie highlight the importance of taking charge during uncertain times. Discover how to manage emotional decisions, prepare for potential job changes, and build a flexible retirement income strategy. Learn how to focus on what you can control […]
#128 Why “Buy and Hold” Doesn’t Always Work?
Listen to the Full Episode: Is “buy and hold” really the best strategy for retirement investing? In this podcast episode, Micah and Christian explore why this popular approach might not hold up—especially in retirement. They explain how inflation, market downturns, and income needs require a more flexible investment strategy. You’ll learn to build a written […]
#127 Avoiding Tax Traps: What Every Federal Employee Should Know
Listen to the Full Episode: Think you know how your FERS pension, Social Security, or military retirement will be taxed? Think again. In this episode, Micah and Floyd break down the tax pitfalls federal employees often overlook—like unexpected withholding issues, taxable income from multiple sources, and the impact of rental property depreciation. They share real […]
#126 Choosing Your Perfect Retirement Date: The Ultimate Checklist
Listen to the Full Episode: What does retirement really look like beyond the financials? In this podcast episode, Micah and Floyd discuss what life is like after retirement, focusing on more than just finances. They cover essential topics such as planning your daily routine, staying active, considering relocation, and having conversations with your spouse. The […]
#125 Tax Time Survival: How Federal Employees Can Get Ahead
Listen to the Full Episode: Tax season can be overwhelming, but federal employees can stay ahead with the right strategies. In this podcast episode, Micah and Christian break down essential tax planning techniques, including the importance of estimated tax payments, understanding tax brackets, and how to avoid common pitfalls. Discover how proactive tax planning can […]
#124 TSP Benefits: What You Need to Know Before Retiring
Listen to the Full Episode: It’s crucial to evaluate your TSP decisions as you approach retirement. Understanding the various benefits associated with your TSP can significantly impact your financial future. In this podcast episode, Micah and Tammy delve into important topics regarding TSP withdrawals, available distribution options, and the associated tax implications. They provide insights […]
#123 TSP Withdrawals: When, How, and Why to Start
Listen to the Full Episode: Understanding your TSP withdrawal options is essential for a successful retirement. In this podcast episode, Micah and Christian break down the three financial phases: accumulation, preservation, and distribution, highlighting the critical decisions federal employees need to make when withdrawing from the TSP. Learn about the different withdrawal options, including lump […]
#122 Estate Planning Myths and Facts: What Federal Employees Must Know
Listen to the Full Episode: Estate planning involves more than just creating a will; it’s about ensuring financial security, protecting your loved ones, and avoiding common mistakes that may lead to unintended consequences. In this podcast episode, Micah and Christian discuss essential estate planning topics, including the necessary documents, the dangers of outdated plans, […]
#121 The Untold Story of Survivor Benefits: Protect What Matters Most
Listen to the Full Episode: Planning for the future involves understanding what happens to your benefits after you are no longer here. In this podcast episode, Micah and Christian explore the details of survivor benefits—who receives what, how to plan ahead, and why your choices are significant. You’ll learn how your pension, Social Security, TSP, […]
Fork or Knife? The Truth About VERA
Listen to the Full Episode: Are you considering early retirement under VERA? Before you make a decision that could affect your benefits for years to come, it’s important to understand the risks and opportunities involved. In this podcast episode, Micah and Tammy discuss the key factors that federal employees should evaluate before opting for Voluntary […]
VERA-Retirement-Guide-Federal-Employees
Are you a federal employee considering Voluntary Early Retirement Authority (VERA)? This comprehensive guide breaks down eligibility, benefits, and financial impacts, including how VERA affects your pension, health insurance (FEHB), and Thrift Savings Plan (TSP). Learn the key steps to avoid costly mistakes, understand your FERS Special Retirement Supplement, and maximize your retirement benefits.
🎙 Watch our YouTube Podcast for expert insights.
📚 Join our “Retire Right” On-Demand Class to make informed decisions.
Read now to take control of your federal retirement!
Fork in the Road: Frequently Asked Questions
What should Federal Employees facing the Fork in the Road do? As a Federal Employee Benefits professional, my primary advice—though not intended to be self-serving—is to consult your financial advisor. Someone who specializes in your benefits as a federal employee. Do not face these decisions alone; ensure you have a financial sounding board to thoroughly […]
Fork in the Road: A Comprehensive Guide to Deferred Resignation for Federal Employees
https://youtu.be/EQqQhWMzTKs Federal Employees need to know what to anticipate if they choose to accept the Deferred Resignation package issued January 2025 to civilian federal employees. President Trump has issued executive orders requiring Federal Employees working remotely since the COVID outbreak in 2020 to return to their physical offices five days a week. Everyone anticipated that […]
#120 Reduction in Force (RIF) and Job Changes – What You Need to Know!
Listen to the Full Episode: What does a Reduction in Force (RIF) or job change mean for your federal benefits and retirement plans? These transitions can bring uncertainty, but you can stay in control with the proper preparation. In this podcast episode, Micah and Floyd share strategies to help you navigate career changes and retirement […]
#119 FERS Retirement Benefits, What Federal Employees Should Know in 2025
Listen to the Full Episode: What impacts will the latest tax law changes, Social Security projections, and market uncertainties have on your FERS retirement benefits in 2025? In this podcast episode, Micah and Floyd discuss actionable strategies to prepare you for a secure retirement. Learn how to navigate potential Social Security reductions, plan for tax […]
#118 TSP Secrets: The Key to Starting Your Year Off Right
Listen to the Full Episode: Are you ready to unlock the secrets to a stronger TSP in 2025? In this podcast episode, Christian and John reveal strategies to make the most of your Thrift Savings Plan. From updated contribution limits to the benefits of compounding interest, Roth contributions, and rebalancing your portfolio, this episode is […]
#117 The Psychological Impact of Retirement: Preparing for Life After Federal Service
Listen to the Full Episode: Ready for retirement but still trying to figure out what comes after the paycheck? In this podcast episode, Jamie and Floyd dive deep into the emotional side of retirement, something many people overlook. Discover how to handle the loss of purpose, adjust to new routines, and stay connected with others […]
#116 The Strategic Role of Qualified Charitable Distributions in Retirement
Listen to the Full Episode: How can Qualified Charitable Distributions in Retirement help you give strategically and reduce taxes? In this podcast episode, Christian and John dive into the strategic role of Qualified Charitable Distributions (QCDs) in retirement planning. Discover how Qualified Charitable Distributions allow retirees to meet Required Minimum Distributions (RMDs) while supporting causes […]
#115 Essential Steps to Secure Your Federal Retirement: What You Need to Know
Listen to the Full Episode: Ready to secure your federal retirement? In this podcast episode, Micah and Christian discuss essential steps to secure your federal retirement and ensure you are financially prepared. Learn how securing your federal retirement involves managing cash flow, adjusting for inflation, and optimizing tax planning strategies. By focusing on ways to […]
#114 Boost Your Retirement Savings: Understanding FERS Contribution Rates
Listen to the Full Episode: Navigating federal retirement benefits can be complex, but understanding FERS contribution rates is key. These rates determine your eligibility, pension amount, and overall retirement plan. Understanding how FERS contribution rates impact your high-3 average salary and retirement dates is crucial for a secure financial future. Micah and Tammy discuss the […]
#113 Retirement Tax Traps: How to Avoid Surprises in Your Federal Retirement Planning
Listen to the Full Episode: Understanding how to navigate taxes in retirement is crucial for preserving your hard-earned income. From Roth conversions to Qualified Charitable Distributions (QCDs), implementing effective tax strategies can significantly impact your financial future. Recognizing the importance of Required Minimum Distributions (RMDs) and the Income-Related Monthly Adjustment Amount (IRMAA) will empower you […]
#112 Crafting Your 10-Year Tax Plan: How to Reduce Liabilities in Your FERS Retirement
Listen to the Full Episode: Planning for your retirement requires a solid understanding of your options. Discover the best strategies for managing your Thrift Savings Plan (TSP) and learn how to access your funds without facing penalties. In this episode, Micah and Christian discuss vital topics, including various withdrawal options, the significance of your FERS […]
#111 Rental Property And Estate Planning
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream? Understanding your spending goals and determining your net income is not just crucial, it’s the key to managing your cash flow during retirement. Whether it’s Social Security benefits, pensions, or your Thrift Savings Plan, knowing how to […]
#110 5 Things You Need To Know As A Federal Employee BEFORE You Retire
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream as Federal Employee? Navigating the complexities of your Federal Employee Retirement System benefits, Social Security, and Thrift Savings Plan is essential for a smooth transition into retirement. Learn how to manage your TSP investments, explore effective withdrawal […]
#109 How Does Retirement Income Work – A Roadmap To Financial Freedom
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream? Understanding your spending goals and determining your net income is not just crucial, it’s the key to managing your cash flow during retirement. Whether it’s Social Security benefits, pensions, or your Thrift Savings Plan, knowing how to […]
#108 Federal Finances: Navigating Retirement Prep
Listen to the Full Episode: Join Tammy and Micah, as they share their insights on navigating retirement preparation, avoiding common mistakes with OPM, and ensuring a smooth transition from federal service. Learn about the importance of accurate record-keeping, the need for correct dates and service credibility, and how to involve HR early on to […]
#107 Burning Sick Leave: Managing Sick Leave Usage Near Retirement
Listen to the Full Episode: Are you nearing retirement and wondering how to manage your sick leave best? Join Tammy and Micah in this insightful episode of the Plan Your Federal Retirement podcast as they dive deep into the intricacies of using sick leave to help optimize your federal retirement benefits. In this episode, Tammy […]
#106 How Much Should You Leave To Your Beneficiary
Listen to the Full Episode: Have you considered what happens to your assets and who will take care of your financial matters when you’re gone? Ensuring your beneficiary is provided for after your passing is a crucial part of estate planning. Join Micah and JT, as they delve into the vital topic of estate planning […]
#105 Demystifying FERS Retirement Calculators
Listen to the Full Episode: Federal employees can use various calculators to estimate their FERS benefits, but accurate documentation and proper completion of estate planning documents are crucial for retirement planning! Missing or incomplete information can lead to unexpected consequences, so seeking help from HR or knowledgeable individuals is essential. In this episode, Micah and […]
#104 Optimizing The TSP For Retirement
Listen to the Full Episode: Are you seeking clarity on TSP strategies? Join us on our latest podcast episode, where Christian and JT decode the complexities of TSP investments. From cracking the complexities of TSP investment options, including the G, F, C, S, and I funds, to unraveling the benefits of dollar-cost averaging, this episode […]
#103 Don’t Replace Your Expenses in Retirement
Listen to the Full Episode: Are you ready to take control of your retirement finances? Your current spending habits could shape your future retirement lifestyle more than you realize. Join Micah and Tammy in this episode as they discuss the critical aspects of retirement planning. Learn why aligning pre-retirement income with post-retirement needs is crucial […]
#102 Key Things Advisors Wish Their Clients Knew
Listen to the Full Episode: It is time to discuss retirement planning, cash flow management, and potential retirement expenses! In this special episode, Micah leads a discussion with Floyd Shilanski, RCF®, a team of seasoned advisors,Christian Sakamoto, CFP®, and JT Ferrin, CFP®, to uncover the crucial aspects of retirement planning that are often overlooked. Let’s […]
#101 Secure Your Retirement with the Thrift Savings Plan
Listen to the Full Episode: Are you ready to embark on a journey towards a secureretirement? Join Micah and Tammy, as they analyze advanced retirement strategies to help you achieve financial security in your golden years. From understanding the critical importance of tax planning to maximizing your TSP benefits and optimizing retirement income, they provide […]
#100 Retirement Real Talk: Honest Conversations About Life After Work
Listen to the Full Episode: Are you ready to retire? Have you considered the emotional part of this journey? Are you and your spouse on the same page about your golden years and have the same expectations? Let’s discuss long-term plans, the difficult situations that life can bring, and the importance of ensuring you enjoy […]
#99 Bonus Pod – Answering Question
Listen to the Full Episode: Join us for our bonus podcast, where we address the questions we received from federal employees before our latest YouTube Live Session. Our financial specialists, Christian Sakamoto and JT Ferrin, have taken the time to provide comprehensive answers to all the inquiries we received. Listen and discover the real-life examples […]
#98 Do You Really Need Life Insurance in Retirement?
Listen to the Full Episode: Federal retirees face unique challenges, from income replacement to tax considerations. But what about life insurance needs and survivor benefits? Understanding the role of life insurance in your retirement planning is crucial to ensure your loved ones are financially secure in the event of your passing. In this episode, our […]
#97 How to NOT Go Back to Work in Retirement, 3 Things You Need To Know
Listen to the Full Episode: Are you ready to retire without looking back? Let’s discuss essential strategies for retirees to help ensure they can enjoy a fulfilling retirement without the need to return to work. Understanding FERS benefits is only the starting point. But do you know how important it is to understand your financial […]
#96 What is The MOST Important Part of Your Pension?
Listen to the Full Episode: There are a lot of complexities in federal retirement benefits and retirement planning. Let’s unravel the key aspects and pitfalls associated with them! In today’s episode, Micah and Christian discuss the importance of understanding federal retirement benefits and avoiding common mistakes. They highlight the significance of understanding cash flow as […]
#95 Retire Happy: Essential Steps to a Successful Federal Retirement
Listen to the Full Episode: What are the essential steps to a successful federal retirement? Join, Micah and Tammy, in today’s episode as they go through the essential steps you need to take to simplify your path forward before it’s too late. From common errors in application to the importance of a well-thought-out timeline, this […]
#94 Why is My Retirement Losing Money?
Listen to the Full Episode: Ever wondered why your retirement is losing money despite investment diversification? Join Micah and Christian in our latest episode, where they dive deep into this question, discussing the pitfalls and challenges of investment diversification and how it may only sometimes yield the expected results. Find out why having a structured […]
#93 Your 2024 Retirement Planning Guide
Listen to the Full Episode: As the holiday season ends, it is important to take action about our retirement plans and talk about the changes in the new year! In today’s insightful conversation, Micah and Floyd explore the heartbeat of retirement—cash flow. It’s not just about money; it’s about creating a rhythm for a fulfilling […]
#92: The Crucial Must-Do’s in Estate Planning
Listen to the Full Episode: You already know how important estate planning is for your retirement, but do you know the crucial must-do’s? In this episode, Micah Shilanski, joined by our advisors, Christian and JT, are discussing the essential aspects of estate planning and the significance of three fundamental documents for every adult aged 18 […]
#91: Cashflow and Retirement Income Timeline
Listen to the Full Episode: It’s time to get invaluable insights from cash flow considerations to navigating the intricate rules of the Federal Employees Retirement System (FERS). Discover the three pillars of federal employee income – pension, Social Security, and TSP/investment income. Our, Christian Sakamoto, CFP, and JT Ferrin, CFP, dive deep into the crucial […]
#90: Medicare and FEHB
Listen to the Full Episode: What coverage do you have, and what coverage do you actually need?Join Micah and Tammy in this episode, where they explain everything you need to know about Medicare and Federal Employees Health Benefits, providing you with the answers you need to make informed decisions about your health coverage. Understand the […]
#89: What Clients Miss When Talking With Financial Planners
Listen to the Full Episode: This episode is all about some interesting real-life client stories in the world of retirement planning that happened during this busy Surge season. Micah Shilanski, Christian Sakamoto, and JT Ferrin dive into the strategic use of Roth conversions and why it’s essential to have a long-term view of your tax […]
#88: Year End Tax Planning
Listen to the Full Episode: As the year winds down, it’s time to get proactive about your finances and tax planning! Join us as we explore strategies to maximize your savings, minimize your tax burden, and tackle your taxes before the last minute of the year comes. Micah and Floyd will guide you through reviewing […]
#87: Irreversible Mistakes After Death
Listen to the Full Episode: Don’t let irreversible mistakes catch you off guard. Empower yourself with the knowledge you need to plan for a secure future. Let’s break down timelines, discuss essential documents like advanced healthcare directives, durable powers of attorney, and wills, and uncover common pitfalls to avoid. Join Micah and Christian as they […]
#86: Thrift Savings Plan with Kim Weaver
Listen to the Full Episode: Whether you’re just starting your career, planning for retirement, or already in retirement, or someone looking to understand TSP better, this enlightening episode with our special guest, Kim Weaver, will help you dive deep into the world of Thrift Savings Plan. Make informed retirement decisions and secure your financial future […]
#85: TSP Spillover and funding
Listen to the Full Episode: In this episode, host Micah Shilanski and a special guest – JT Ferrin, delve into explaining the meaning of TSP Spillover and the advantageous role of Health Savings Accounts (HSAs) in retirement savings. The TSP Spillover is an important concept that might be unfamiliar to many federal employees. Micah and […]
#84: Retirement Rules living abroad
Listen to the Full Episode: Do you wonder about your options for living abroad in retirement? Are you ready for change but need to know everything you need to keep your benefits? In this podcast episode, Joe Curry, CFPⓇ, CHS, joins Micah to delve into the intricate details of retiring abroad. The episode serves as […]
#83: Dual Feds FEHB Rules
Listen to the Full Episode: In this episode of Plan Your Federal Retirement Podcast, Micah and Jamie discuss the Federal Employee Health Benefits (FEHB) and how it is an excellent benefit for federal employees. But most importantly, they dive into the rules for dual Feds, which refers to a married couple where both are federal […]
#82: HR – Are they RIGHT or WRONG?
Listen to the Full Episode: Are you a federal employee planning for retirement? Do you know that negative outcomes can be prevented if only you know how to find the correct information and understand all the pieces of the Federal Retirement puzzle? But… what if the information you get from HR or OPM is different […]
#81: What To Have In Savings?
Listen to the Full Episode: How many months’ worth of living expenses do you need to have saved up and why? Do you have emergency (911 account) reserves? These questions bother a lot of people. But, the fundamental question for each of us is: What should we have in savings? Tune in to today’s podcast, […]
#80: FERS Supplement Details
Listen to the Full Episode: The FERS supplement is a great benefit of your FERS retirement package. This supplement is available to federal employees who retire before age 62 and is a substitute for social security. The amount of the supplement is calculated using the same formula as Social Security, but it is unique to […]
Ep #79: 7 Things You Can NOT Do in TSP in Retirement
Listen to the Full Episode: Retirement can be challenging, especially when it comes to managing your finances. One of the biggest mistakes you can make is assuming you can do anything you want with your thrift savings plan (TSP) after retirement. As a federal employee, you have phenomenal benefits, but as with any other tool, […]
Ep #78: Transitioning to Retirement
Listen to the Full Episode: You are getting closer to retirement, but specific tasks must be completed to enjoy it thoroughly. You’ll need to take care of all paperwork, or at least have copies of everything, a few months before retirement and a few months after the process starts, and make sure that all questions […]
Ep #77: Withdrawals in Retirement
Listen to the Full Episode: You’ve been working and saving and planning for your retirement. And when you retire, you go through a psychological shift from accumulation to distribution. Here lies the importance of understanding your federal benefits and the best way to use them! The TSP is a phenomenal tool; your federal benefits, your […]
Ep #76: Streams of Income
Listen to the Full Episode: Cashflow is the heartbeat of retirement, so you have to know the details of your income streams, the theory, and the reality behind some of your incomes. This way – you can work on your plan. The more we plan and apply, the easier and the more successful the retirement […]
Ep #75: The Importance of Building a Financial Plan
Listen to the Full Episode: Setting goals and mapping a strategy – these are the ground rules for taking the action in your hands! No, you don’t have to be precise or super accurate – we know things change, but navigating towards a point helps you reach the correct destination when sailing. Join today’s discussion […]
Ep #74: Choosing the best Retirement Plan
Listen to the Full Episode: One of the most essential and fundamental questions is choosing the right federal retirement plan! Do you know how much you should save for your retirement? Are you being realistic with your intentions and expectations? Do you have a retirement income? And what if there is a gap… is there […]
Ep #73: Costly Mistakes
Listen to the Full Episode: Net vs. Gross income. Which one hits the door of your bank account? Changes regarding insurance? Life insurance, health insurance… Any different kinds of SCD and any tips on taxes? Do you know all these rules and details you should consider while planning your retirement? We hope you get the […]
Ep #72: Criminal Issues with Health Insurance and Survival Benefits
Listen to the Full Episode: Accidents happen, but some come with severe consequences. For example, when covering someone with your HSA that you shouldn’t cover, you can face severe penalties! That is why in today’s episode, Tammy and Micah cover some fraudulent issues that can come up with health insurance and survivor benefits. Listen in […]
Ep #71: Secure Act 2.0 with Steven Jarvis
Listen to the Full Episode: Changes are happening, and questions have been raised! That is why we have a special guest in today’s episode – Steven Jarvis, CPA. Micah and Steven will answer the most common question out there these days and clear out all of your confusion. Join us and find out what is […]
Ep #70: Changes in Planning Over The Years, Social Security
Listen to the Full Episode: The benefits in retirement that Federal Employees have are based on three things: Pension Social Security TSP To avoid misconceptions about one of the most essential things in your retirement planning – Social Security – we have Floyd Shilanski and his years of experience. Find out the different strategies you […]
Ep #69: Sick Leave for Retirement
Listen to the Full Episode: It is crucial to be hyper-intentional when it comes to your retirement! How big of a change can your sick leave make? And how important is this subject when choosing the best day for your retirement? In this episode, we detail some tweaks you can make to your retirement plan […]
Ep #68: Social Security Increase and Cash Flow
Listen to the Full Episode: Whether you are 30, 50, or 70, a subject that has a hold on you is how to improve your financial situation. How much are you saving, and how can you save more? How can you organize your income better? It is crucial to ensure you are not just […]
Ep #64: Spending Money in Retirement
Listen to the Full Episode: Christian Sakamoto joins the show again today to discuss cash flow and the money you spend in retirement. This is often a topic that isn’t addressed properly, and budgeting typically puts a bad taste in people’s mouths, but in this episode, you will hear why some of the greatest advisors […]
Ep #42: New Year Planning (Finance and Fitness: The Two Things You Won’t Do :) )
It’s a new year, and Tammy and Micah are here to talk about some of the things that have changed, some of the things that might change in 2022, and what you can do to maximize your retirement. They will be going through some notable areas that will need your attention in order to ensure […]
Ep #41: TSP & Market Volatility: Part 4 – Q & A
In this episode, Tammy and Micah continue with the insights into TSP series and answer some great questions from active TSP participants. Whether you are deciding at what age to take Social Security, wanting to calculate a FERS pension, or trying to find the best savings and growth plans in retirement, this episode is for […]
Ep #40: TSP & Market Volatility: Part 3 – Silver Linings
In this mini-series, Micah and Tammy have been talking about your TSP during a time of volatility and the strategies you can implement to encourage growth and stability at all times. (If you haven’t yet, check out the previous two episodes where they answer questions about TSP in retirement and outline the bucket strategy.) This […]
Ep #39: TSP & Market Volatility: Part 2 – Buckets
Today, Tammy and Micah continue to address questions they’ve been receiving regarding your TSP and market volatility. In this second part of the series, they will focus on giving insight into the strategies they use when planning. (If you haven’t tuned in to the first part, head back to check out episode 38 before jumping […]
Ep #38: TSP and Market Volatility: Part 1 – Markets Go Down…Now What?
How are things going to unfold when it comes to your Thrift Savings Plan (TSP) account? Tammy and Micah have been getting a flood of questions related to this lately, so today—and for the next few episodes—they’ll be giving you access to a webinar they did on this topic. Over this 4-part series, you’ll learn […]
Ep #37: Non Voluntary vs Voluntary Separation
Right now, the entire world revolves around COVID—even more so with executive orders and rules that are requiring employees to get the vaccine by the end of November. Micah and Tammy have gotten quite a few questions about how this situation might play out in terms of federal benefits, so today they’ll be discussing the […]
Ep #36: Medicare Advantage Within and Outside of FEHB
At 65, something happens to all of us where we have this forced decision that we have to deal with when it comes to Medicare—and it opens up a few more options. There are a lot of rumors about Medicare that go around (some true, some not true), so facing plan changes and all the […]
Ep #35: Social Security, COLA, TSP
Today, Micah and Tammy are picking up where they left off in the last episode and discussing Social Security COLA and your TSP COLA. They’ll be sharing how those two things work together, as well as how you can plan for them to serve you best. Listen in to learn how COLA works with Social […]
Ep #34: COLA vs. Pay Increase
Many people are under the wrong impression when it comes to retirement, COLA, and pay increases. Once the numbers are run, things are rarely as rosy as they may have seemed during planning. So today, Micah and Tammy will be addressing this and a few other additional misconceptions people have when planning their retirement. Listen […]
Can you deduct your FEHB premiums in retirement?
I am aware that after I put in ten years’ federal civilian creditable service and then retire, my FERS annuity will be reduced monthly by 10% for the surviving spouse 50% annuity and that FEHB premiums will be deducted as well. My questions: Are the FEHB premiums in retirement deductible? Is the 10% deduction taxable? […]
Ep #33: Risks in Retirement
When preparing for retirement, it’s important to plan for flexibility. There are a number of post-retirement risks that can upend the most precisely laid-out retirement plans, and the longer the retirement period grows, the harder it is to be certain you have planned accordingly with your assets. So, in this episode, Micah and Tammy will […]
Ep #32: Retiring In December vs. January
More and more federal employees are thinking about retiring at the end of the year, and while we’ve already gone over the best times to retire, this episode is going to focus on this common aim for retirement and how to get ready for it right now. You’ll learn what you can do to prepare […]
Follow Up Friday – Derailing Your Retirement
Learn more about the things that can sabotage your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Ep #31: Derailing Your Retirement
When it comes to retirement, there is an overwhelming amount of incomplete or incorrect information on the internet purported as fact. The truth is, you don’t know what you don’t know, so it can be easy to overlook these misconceptions and accept them as truth. In this episode, Micah and Tammy will be sharing some […]
Follow Up Friday – Why Mid-Career Is the MOST Important Time
Learn the important differences between retiring at 60 and retiring at 62. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Ep #30: Why Mid-Career Is the MOST Important Time
There is so much misinformation out there, and sometimes, it is important to simply get back to basics and ensure your information is correct. So in this episode, Micah and Tammy will be going over the fundamentals of retirement, focusing on how things may change from individual to individual and the different choices that may […]
Follow Up Friday – The Questions You Should Have Asked
Tips for figuring out the best plan for your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Ep #29: The Questions You Should Have Asked
Will a form for retirement be sent to you, or do you have to request that form? Can you transfer money from a traditional TSP to a Roth TSP—and will there be penalties? These are just some of the things that Micah and Tammy will be covering in today’s episode as they reply to questions […]
Follow Up Friday – Court Orders That Can Half Your Retirement
What you need to know about how a divorce can impact your retirement planning. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Ep #28: Court Orders That Can Half Your Retirement
Divorce is generally not a fun topic, but when you are considering retirement, it is a necessary discussion to have. For many people, the terms and conditions of a divorce can come back to haunt them—even decades later—if they are not completely settled upon in the beginning. So in this episode, Micah and Tammy will […]
Follow Up Friday – TSP and Social Security
Questions to ask yourself to ensure you’re properly balancing your social security and TSP so you get the most benefit. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Ep #27: TSP and Social Security
Are you wondering what to do about your social security or how to go about taking money from your TSP? If so, this episode is for you! Today, Micah and Tammy chat about how to balance social security and TSP so you get the most benefit. You’ll also learn what things you need to be […]
Sick and Annual Leave at Retirement
“Hi Micah and Tammy, I’m a Federal employee with 30 years in, and 5 years out from retirement. Can you explain how unused Sick and Annual leave are handled at retirement? I understand that unused SL balances can increase your annuity but I don’t understand the formulas. Thank you.” -Cheryl Annual Leave Let’s start with […]
Follow Up Friday – What’s The Best Distribution Rate From Your TSP?
What you need to know about your TSP benefits so you can avoid risk and maximize your retirement funds. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Ep #26: What’s The Best Distribution Rate From Your TSP?
You’ve worked your whole life, now you’re ready to retire. But do you know how to maximize your benefits and set yourself up for retirement success? In this episode, we’re talking all about the Thrift Savings Plan and how to find that sweet spot to maintain a nice retirement lifestyle and your savings at the […]
Follow Up Friday – Why Life Events Matter
How to protect and prepare your loved ones for unexpected life events. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Ep #25: Why Life Events Matter
It’s the little details that can really trip you up, so Tammy and Micah share specific areas and situations they’ve noticed clients having trouble with and how you can avoid those issues. As the title hints, life events are a key area where many people do not do enough planning or strategy and in the […]
Follow Up Friday – How Much Life Insurance Do You Need?
The importance of looking over your policies, reevaluating your beneficiaries and everything you need to know about FEGLI. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Ep #24: How Much Life Insurance Do You Need?
With so many misconceptions around life insurance, it can be hard to determine the appropriate plan or amount for your needs. Unfortunately, there are some people in the financial business that believe it is a one size fits all service, however that is not the case. So where do you begin? In this episode, Micah […]
Follow Up Friday – Best Day to Retire
How to properly plan for the day of your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Ep #23: Best Day to Retire
With more retirement planning and with every year that retirement gets closer, the question is often asked, “What day is best to retire?” Tammy and Micah sit down to set the record straight when it comes to choosing a retirement date. They share how people tend to focus on maximizing benefits and where else you […]
Ep #22: Estate Planning and TSP Quirks
Do you have a plan put in place for who will inherit your assets after your demise? Many people are solely focused on increasing their assets whilst they are still alive, but often forget about securing who it will all go to when they are gone. In this episode, Micah and Tammy will be discussing […]
Ep #21: The Years After You Retire
Ensuring you have met your savings goals during your retirement planning is incredibly important, but it is just one of many things to consider. Unfortunately, retirement planning doesn’t stop when you retire, and it’s important to make sure you’ll be able to maintain your goals once you have retired. So in this episode, Micah and […]
Ep #20: Phase of Retirement – The Year of Retirement
When it comes to your retirement, it can be a very stressful time—or it can be a very smooth transition. It really comes down to what planning you have put in place to set yourself up for success. In this episode, Micah and Tammy will be sharing the practices you must have in place the […]
Ep #19: Phase of Retirement – 5 Years Out From Retirement
When we consider retirement, most of us think about this chapter in our lives as a positive time—and it can be, as long as we are fully prepared. So today, Micah and Tammy will be discussing all the measurements to put in place as you approach your retirement. They will be sharing courses you can […]
Ep #18: Phase of Retirement – 10 Years Out From Retirement
When you are planning for your retirement, there are a lot of different areas you need to be aware of financially, and it can be an overwhelming amount of information to take in at once. So today, Tammy and Micah will be discussing the key factors to keep an eye on when you are 5-10 […]
Ep #17: Taxes
Tax season is upon us, and for many, it is a scary time. With so many opinions floating around, it is hard to decipher between what is fact and what is simply a misconception. So today Tammy and Micah will be discussing common mistakes made when it comes to taxes and how to avoid them […]
Ep #16: What’s My Pension Worth?
Does it make sense to stay a full thirty years in the federal government just to receive a better pension? Ten years (or more) before retirement, many employees begin to question whether it is worth remaining in their positions or if they should try something new. In this episode, Micah and Tammy discuss what your […]
Ep #15: New Year’s Habits
There is so much that we can’t control, and it’s easy to focus on those things and feel helpless to stop them. But in this episode, we’re flipping the narrative and focusing on the things we can control in our personal lives that can really make an impact on your retirement plan. Listen in to […]
Ep #14: With Special Guest Mary Beth Franklin
Mary Beth Franklin is our go-to professional for all things Social Security benefits. With over 40 years as a financial journalist and a CFP® designation, she has a wealth of knowledge and understands Social Security from the financial planning point of view. She is a contributing editor at InvestmentNews, an author, and an in-demand speaker […]
Ep #13: Mailbag
What kind of protection does the spouse of a federal employee have? Does everyone need insurance—and how is it beneficial? In this episode, Tammy and Micah answer frequently asked questions sent in by listeners, addressing everything from survivor benefits to your high-3. Listen in as they explain how to calculate your highest paying years, as […]
Ep #11: Should I Stay or Should I Go?
When is the right time to retire? And what are the different options as a federal employee? While everyone wants to retire early, the fact is the “perfect time” is different for everyone. So in this episode, Micah and Tammy share how to prepare yourself, as well as your spouse, for your retirement and the […]
Ep #10: FEHB and Medicare in Open Season
We’re on the brink of another open season, so today Micah and Tammy are sharing the information you need to know about this upcoming season. You will learn one of the best benefits you have, how to choose a plan that allows you to take full advantage of your retirement, and what to expect in […]
Ep #9: Military Buyback
Have you served in the military, but aren’t quite sure how to use that military time for your civil service? A lot of mistakes get made in this area, whether it’s misconceptions, not getting documents in order, or even a communication issue with your HR department about what counts—or does not count—for retirement with your […]
Ep #6: Social Security Claiming
We hear a lot of people say they want to turn on their social security as soon as possible in order to capitalize on the benefits while they are still available. So today, Tammy and Micah are discussing the misconceptions that lead to this idea, as well as the history of the system and how […]
Ep #5: What Does Retirement Really Look Like??
Everyone looks forward to retirement and the freedom that comes along with no longer being locked down to a job, but what if it isn’t all it’s cracked up to be? Today Micah and Tammy are discussing the common misconceptions of retirement. In this episode, they share the importance of keeping your cash flow consistent […]
Ep #4: Looking at Insurance in Retirement
Micah and Tammy have shared their thoughts and experiences with credible services, agency estimates, and other incomes, but what about risk management? In this episode, they will be discussing the different insurance options you have as a federal employee and how to keep that health insurance into retirement. It’s so important to understand your benefits […]
Ep #3: Other Income
When you retire, it’s not just about having the time to do everything that you want to do—it’s also about having the money to make these dreams come true. So in this episode, Tammy and Micah will be focusing on the “other incomes” that you have access to and discussing the important decisions surrounding these […]
Ep #2: What’s NOT On Your Retirement Estimate?
To have a comfortable and enjoyable retirement, you need a financial safety net to fund it all. So when you are planning for the rest of your life, how much money are you actually going to have? Today Micah and Tammy are discussing retirement estimates and how to accurately calculate what your pension will be. […]
Ep #1: What’s On Your Retirement Estimate?
Welcome to the Plan Your Federal Retirement Podcast, where Certified Financial Planner Micah Shilanski and Principal Retirement Specialist Tammy Flanagan come together to ensure you are making informed decisions as you plan for your retirement. Each week, you will hear them share the unique financial planning considerations that federal employees have that may not be […]