Any CFP's here?

[Justabirdwatcher]

Wife and I are roughly a year out from our retirement eligibility date (she's already eligible), and we really need to be talking with someone who knows what they are doing before we make any big decisions. Any CFP's here or have one you'd recommend? Would help if they are familiar with federal FERS, TSP's and state teacher retirement programs.

We're looking at relocating and my biggest question is how to use our TSP savings toward the purchase of a retirement property.

Thanks!

 

[tim629]

you can send it in to "The Money Guy Show" podcast, tuesdays 10am central they take live questions on their youtube.

 

[marksjeep]

WRT the federal side, I have attended several workshops put on by these folks and know several recent retirees who have used them with good results. Might be worth a call.

Federal Benefits Made Simple – Federal Benefits Made Simple

federalbenefitsmadesimple.com

 

[mtmiller]

I found some value when I consulted with snowbird for Fed Retirement

https://www.snowbirdretirement.com/

 

[2rocky]

who manages your retirement account? you should have had some dialogue with them over the past 20-30 years.....

 

[Justabirdwatcher]

who manages your retirement account? you should have had some dialogue with them over the past 20-30 years.....

I talk to myself all the time. LOL

 

[SAJ-99]

I would bet you get a pretty good answer from Google on this.

 

[David58]

Where are you located?

 

[npaden]

Thought this was a thread about College Football Playoffs.

For retirement advice you are either going to have to share very specific goals and financial details on the world wide web or you're going to have to find someone to share that information with.

We are good at helping with general planning stuff and answers to specific questions but sounds like you have a lot of moving parts and are going to need someone to be able to look at the big picture with you. I would recommend someone who charges either an hourly rate or a set fee to consult with you.

 

[npaden]

Someone on here went through some of this same planning on buying a house with their retirement funds and whether to take out a mortgage and make payments from the monthly withdrawals or to bite the bullet and take out a lump sum and buy the house with that. It's going to come down to specific tax brackets, where you are at on the medicare spectrum vs. retiree health insurance, what state you are going to be in before and after the relocation, etc. LOTS of things to consider. If you have a really good handle on it and can ask specific questions I think we could help answer those questions. If you just need help on the overall big picture I think this is where a good financial planner could really help.

 

[BigHornRam]

Someone on here went through some of this same planning on buying a house with their retirement funds and whether to take out a mortgage and make payments from the monthly withdrawals or to bite the bullet and take out a lump sum and buy the house with that. It's going to come down to specific tax brackets, where you are at on the medicare spectrum vs. retiree health insurance, what state you are going to be in before and after the relocation, etc. LOTS of things to consider. If you have a really good handle on it and can ask specific questions I think we could help answer those questions. If you just need help on the overall big picture I think this is where a good financial planner could really help.

Yep. It comes down to giving uncle sam his cut, or giving some of uncle sam's cut to the mortgage industry.