fbpx

Long Term Care Insurance – Is it worth the cost?

Posted on Friday, 10th June 2016 by Dennis Damp

Share

I applied for Long Term care insurance when it was first offered as a benefit in December of 2002. Our premiums for the Future Purchase Option (FPO) at that time were reasonable for the 5 years of coverage we elected; $73.57 monthly for my wife and I.  My premium for the Future Purchase Option was […]

Posted in

| Comments (0)

Are Dividend Stocks A Safe Haven For Retirees?

Posted on Monday, 9th May 2016 by Dennis Damp

Share

Historically, approximately 40% of total stock market returns are generated from dividends and today you can expect to receive from 2 to 5% or more in yield from these investments. Many that recommend conservative dividend paying stocks look for companies that continue to grow their yield and share price over time with low risk. It’s […]

Posted in

| Comments (0)

How to Keep What You Worked a Life Time Accumulating

Posted on Thursday, 24th March 2016 by Dennis Damp

Share

(Updated 2/26/2022) The current bull market is the longest in history and as all bull markets do, they eventually end in a recession. You hear a lot today about the uncertainty in the market considering all of the stimulation that the Federal Reserve has applied through their low interest policies. When interest rates are low […]

Posted in

| Comments (0)

Social Security and Leave Record Updates

Posted on Wednesday, 2nd March 2016 by Dennis Damp

Share

Social Security File & Suspend I discussed in a recent column the process my wife and I went through to file and suspend my Social Security benefits.  I did this so that my wife will now be able to collect a spousal benefit while I deferred collecting until age 70 and my benefit will increase […]

Posted in

| Comments (0)

Will Government Pension Offset (GPO) Reduce Your Social Security Benefits?

Posted on Saturday, 13th February 2016 by Dennis Damp

Share

Recently one of our newsletter subscribers asked me to explain how the Government Pension Offset (GPO) impacts a married couple, one retiring under CSRS and the other under FERS.  The husband will retire under CSRS and his wife is a FERS employee. He also wanted to know if his wife’s social security will be penalized […]

Posted in

| Comments (0)

FEGLI Rate Changes, Annuity Adjustments & More

Posted on Friday, 15th January 2016 by Dennis Damp

Share

As of January 1, 2016, FEGLI premiums for many options and age brackets changed due to actuarial adjustments. Annuitants that carried FEGLI coverage into retirement will receive a Notice of Annuity Adjustment showing the new rates. Most of the new FEGLI rates for Option A, B and C decrease. The older age band rates for […]

Posted in

| Comments (0)

TSP – Risk Versus Reward (TSP Performance Beats market in 2015)

Posted on Monday, 11th January 2016 by Dennis Damp

Share

Important Note: This article is not an investment recommendation and should not to be relied upon when making investment decisions – investors should conduct their own comprehensive research. Please read the Disclaimer at the end of this article. Each year I review our investments and rebalance funds as necessary to maintain a pre determined asset […]

Posted in

| Comments (0)

Social Security Changes, Retiree Job Options, & Updates

Posted on Sunday, 29th November 2015 by Dennis Damp

Share

On November 2, 2015 the President signed HR-1314, the “Bipartisan Budget Act of 2015.” This law eliminated the file and suspend option for most Social Security applicants and changed the restricted application rules. These filing strategies allowed couples to increase their lifetime total payout. If you are now at full retirement age and planning to file and suspend you have […]

Posted in

| Comments (0)

Terms Of Use