The TSP: Investing for the long haul

FromYour Turn with Mike Causey

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The TSP: Investing for the long haul

FromYour Turn with Mike Causey

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Length:

41 minutes

Released:

Sep 11, 2018

Format:

Podcast episode

Description

Stein is today's guest on this episode of the Your Turn radio show. He talks about bull and bear markets, and what people should and should not be doing when investing for the long haul. He discusses when playing it “safe” can actually be dangerous to your long-term financial health. Your Turn airs at 10 a.m. EDT on 1500 AM in the Washington D.C. area.

Released:

Sep 11, 2018

Format:

Podcast episode

Titles in the series (100)

Federal News Network Senior Correspondent Mike Causey discusses everything of interest to federal employees, from pay, benefits and retirement, to buyouts, COLAs and pay freezes.

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Your benefits package from A to Z: Do you know whats in your federal benefits package? If not you should. Federal benefits expert Tammy Flanagan will explain why when she joins host Mike Causey on this weeks Your Turn. by Your Turn with Mike Causey
1 min listen
Is it time to change your health plan?: Most feds will stay in the same health plan theyve been in for years. Maybe even decades. Walton Francis, editor of Consumers Checkbook Guide to Health Plans for Federal Employees, says thats a mistake. Francis says all of the plans are... by Your Turn with Mike Causey
43 min listen
Tips for protecting your retirement nest egg: Are you excited, dazzled and worried sometimes at the same time by the stock market boom? Are you concerned about what many experts say is a long-overdue market correction? Do you still have the occasional nightmare about the Great Recession?... by Your Turn with Mike Causey
43 min listen
SES: Alive & kicking: How things are going for the SES and SEA. by Your Turn with Mike Causey
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Do you have a plan B for your TSP?: Have you protected your TSP from the next stock market crash? Financial planner Arthur Stein will explain what you should be doing now to protect your financial assets when he joins host Mike Causey on this weeks Your Turn. by Your Turn with Mike Causey
42 min listen
Index Funds & The TSP: Follow The Money: The biggest gains federal worker and retiree investors have made in their Thrift Savings Plan accounts have come from the stock-indexed C, S and I funds. But whats an index and whats an index fund. And why do you need them in your portfolio?... by Your Turn with Mike Causey
43 min listen
Estate planning: Where do you start?: Your federal retirement could last decades so it pays to plan ahead. As in having a plan. Doing the right/smart thing now means a payoff for you, for your spouse/significant other and your children. And peace of mind. The way you get... by Your Turn with Mike Causey
43 min listen
Protecting your retirement benefits in 2018: Jessica Klement, staff vice president for advocacy at the National Active and Retired Federal Employees Association, talks about the save-the-benefits effort and what you can do about it. She also gives us background on what was threatened... by Your Turn with Mike Causey
44 min listen
Should you stick with TSP after you retire?: Why do so many federal employees move out of TSP when they retire from the government? What should you do? by Your Turn with Mike Causey
1 min listen
Is there a buyout (or a layoff) in your future? by Your Turn with Mike Causey
42 min listen
Buyouts: What, if anything is likely to happen?: Are you one of hundreds of thousands of federal workers who could retire tomorrow if you wanted to? What if Uncle Sam made you a once-in-a-lifetime cash offer you couldnt refuse. And what if that payment, now $25,000, was bumped up by... by Your Turn with Mike Causey
45 min listen
Open season with Walton Francis by Your Turn with Mike Causey
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What does the future hold for your TSP?: This week on Your Turn, financial planner Arthur Stein tells feds and retirees what, if anything, they should be doing now with their Thrift Savings Plan accounts. by Your Turn with Mike Causey
43 min listen
The 2017 Tax Act: How does it affect you?: The 2017 Tax Act: How does it affect you? by Your Turn with Mike Causey
43 min listen
What is your plan B?: Are you planning to retire soon or leave your federal job? What happens to your benefits? Find out when benefits expert John Grobe joins host Mike Causey on this weeks Your Turn. July 26, 2017 by Your Turn with Mike Causey
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2017: A year in review: This week on Your Turn, Federal News Radio reporters Nicole Ogrysko, Scott Maucione and Meredith Somers join host Mike Causey to discuss the top federal news stories in 2017 and what is (maybe) going to be on tap for 2018. by Your Turn with Mike Causey
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Is there a buyout in your future?: Although buyouts are out there, the odds that you personally will get a $25,000 to $40,000 payment to leave are slim and none. You can wait, and hope, and maybe, just maybe get lucky. But the deck is stacked against you. by Your Turn with Mike Causey
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The 2018 shutdown: Whats next?: Now that things are back to normalfor three weekspro-fed politicians are explaining why they voted to continue this weeks government shutdown even though they profess to hate them. Democrats and Republicans are each claiming victory which... by Your Turn with Mike Causey
43 min listen
Switching partners? How about switching health plans?: Every year Uncle Sam holds an open season, when federal workers, retirees and their survivors can update, enroll in or change their benefits package. by Your Turn with Mike Causey
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SOTU reactions & more: We have a triple-header on this Your Turn radio show. Reporters Jory Heckman and Nicole Ogrysko will talk about plans to decentralize federal operations based in the D.C. area and the outlook for feds in 2018. Morning Drive anchor Tom Temin... by Your Turn with Mike Causey
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TSP: Big changes are on the way: Big changes are coming to the Thrift Saving Plan. Kim Weaver, director of External Affairs for the TSP, joins host Mike Causey on this week's Your Turn to talk about the changes, which include making it easier for participants to make... by Your Turn with Mike Causey
43 min listen
Congress is back! What does that mean for you? by Your Turn with Mike Causey
51 min listen
The TSP: Is 2018 going to be a down year?: The TSP: Is 2018 going to be a down year? by Your Turn with Mike Causey
43 min listen
Are changes coming to your retirement plan?: Are there people in your office who love their jobs and dread retirement but who are putting in their papers effective at the end of this month? Why are so many federal workers suddenly very nervous in the civil service? Some, maybe many,... by Your Turn with Mike Causey
46 min listen
Does telework need to be restricted, or improved?: We take a look at teleworking on this episode of Your Turn radio show. My guest is Frank Landefeld from MorganFranklin. He’s an expert in business development and engagement in federal, state and local governments. Rather than restricting... by Your Turn with Mike Causey
43 min listen
Medicare Part B: Do you need it?: Nearly half the questions health insurance hunters have involve or revolve around Medicare Part B. As in, do I need it? Can I afford it? What, if any, are the alternatives to Medicare Part B? What happens to the premium if I delay taking... by Your Turn with Mike Causey
41 min listen
The pros & cons of the blended retirement system by Your Turn with Mike Causey
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Are retirement changes coming in 2017/18?: Congress and the White House are considering several proposals to slim down or eliminate portions of the federal retirement program. Will they pass and if so, how will they affect you? Find out when NARFE Legislative Director Jessica Klement... by Your Turn with Mike Causey
43 min listen
A breakdown of the top federal news stories: What are the odds of another shutdown either because of man-made political gridlock or because a late March snowstorm ordered up by Mother Nature? Now that Secretary of State Rex Tillerson has been ousted who’s next? And what’s happening... by Your Turn with Mike Causey
2935 min listen
Whats ahead for feds in 2018?: This week on Your Turn, Federal News Radio reporters Nicole Ogrysko and Jory Heckman join host Mike Causey to discuss what happened in 2017, what didn't happen but could have, and why. Also what might (as in M-I-G-H-T) be ahead for... by Your Turn with Mike Causey
43 min listen

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Final Your Turn episode to pay tribute to Mike Causey: Listen to the final Your Turn with Mike Causey show. It’s a special tribute to Mike, who passed away in late September 2022, hosted by Federal Drive anchor Tom Temin and executive editor Jason Miller. Current and former Federal News Network... by Your Turn with Mike Causey
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Your estate plan: How to secure (or tarnish) your legacy: In many ways, the way you handle your final affairs will determine how your family and friends remember you. So it’s important to get it right. Years ago, my uncle died and left his large, 700-plus acre farm (for comparison, New York’s... by Your Turn with Mike Causey
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Your estate plan: How to secure (or tarnish) your legacy: In many ways, the way you handle your final affairs will determine how your family and friends remember you. So it’s important to get it right. Years ago, my uncle died and left his large, 700-plus acre farm (for comparison, New York’s... by Your Turn with Mike Causey
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Wanna be a TSP millionaire: Have you got the right stuff?: Many people consider Michelangelo’s statue of David to be the most perfect sculpture ever. It was done in the early 1500s and stands 10 feet tall. Pretty impressive. Yet a friend of mine, Bill B, claims that his brother in-law, who has... by Your Turn with Mike Causey
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TSP Jeopardy quiz: Do you dare take it?: Have you got what it takes to make the final cut, and maybe become a contestant on the popular TV show Jeopardy? Maybe become a millionaire? Interested? Take this test. If you dare… What weighs 990 million pounds, is worth $743 billion... by Your Turn with Mike Causey
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TSP returns: Who hit the down button?: After one of the best, longest bull market runs in history, the continuing downhill trajectory of the stock market has lots of investors wondering what — if anything — they could and should be doing. At a time of an evolving pandemic, an... by Your Turn with Mike Causey
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Gift cards for the IRS? Probably not!: If an IRS agent calls you at home or office and asks you to send him or her a gift card, don’t do it! Even if you owe money, that is not the correct (or legal) way to get back in Uncle Sam’s good graces! By the same token if someone from... by Your Turn with Mike Causey
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Pay Raise, COLA, TSP troubles and the G-fund: If you are working, retired, building a nest egg or living off one, these are tough emotional times. If you want good news, you’ve learned to avoid the financial news or stock market reports. Also national news, international news and,... by Your Turn with Mike Causey
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Today’s subject: Irrevocable trusts … zzzzzz: When is the last time you and your significant other took a romantic weekend to rekindle the fire? And spent most of the time, at the beach or in the mountains, talking about the pros and cons of an irrevocable trust? Wild guess: How about... by Your Turn with Mike Causey
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Social Security: On life support?: When Social Security was launched in 1935, the average life expectancy for men was 59.9 years and 63.9 for women. Full benefits started at 65, so do the math! It sounded almost like a safe, government-guaranteed Ponzi Scheme, minus the... by Your Turn with Mike Causey
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New TSP options: Road to riches, or paralysis by analysis?: Retirement benefits for career feds and military personnel will be based on their length of service and salary. Unlike the vast majority of private pension plans, the federal-military programs are protected from inflation. Benefits will... by Your Turn with Mike Causey
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The TSP in troubled times: Go long!: It’s hard to think about next summer’s vacation at the beach in February when there is a blizzard outside and your roof is groaning under the weight of all that ice and snow. There are times when it is important to live in the moment and... by Your Turn with Mike Causey
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Your retirement trifecta: For many career feds and postal workers the best date to retire is simple! You haul assets ASAP. You leave a soon as you are eligible to receive an immediate annuity. Period. Maybe you hate your job. Or your colleagues. Or the boss.... by Your Turn with Mike Causey
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Can you afford not to have a trust?: If you can afford to leave your spouse, kids or significant others a very large pile of money to spend when you are no longer around, you might want to skip the expense and inconvenience of making a will or setting up a trust. But that’s... by Your Turn with Mike Causey
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TSP tactics: Are you managing the market? Or is it playing you?: Many investors know the conventional thing to do when times are good. But when things go south, which they do regularly, the fight-or-flight instinct kicks in. Times like now. So we ask D.C. area financial planner Arthur Stein what he’s... by Your Turn with Mike Causey
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5,000 new TSP options: Cheer, or choke?: What if the menu at your favorite/only eating place jumped, from 15 items to more than 5,000 new choices? Could you handle it? Would you welcome the option, or find it confusing? Maybe choke on your choices? Prepare to find out... Today’s... by Your Turn with Mike Causey
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How (and why) to avoid probate: A slap at your family!: If you don’t have a will and an estate plan, probate is an after-you’ve-gone legal struggle. One which could last months, if not years, in a battle over what you intended your family (or friends) to have: your estate! And while that sounds... by Your Turn with Mike Causey
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Safest place for your nest egg: With 7% return!: With a hot war in Europe, galloping worldwide inflation and growing shortages on the home front, many investors are looking for the nearly impossible: A ‘safe’ place to stash some of their retirement nest egg, with Uncle Sam, at an eye-popping... by Your Turn with Mike Causey
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Status update: Your future health premiums, Social Security’s ‘evil twins’: Politicians, lobbyists and special interest groups on Capitol Hill often disguise very important or controversial bills they’re pushing by giving them dull or misleading names. Or when a proposal is both complex and potentially explosive... by Your Turn with Mike Causey
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Ukraine, COVID, $5-a-gallon gas: Time to time the market?: Given the current world situation, many TSP investors are bound to be having second thoughts. That makes this the perfect time to have financial planner Arthur Stein back on our Your Turn. He’s a well-known D.C. area financial planner (and... by Your Turn with Mike Causey
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Wanna be a TSP Trillionaire? Ask one!: There are lots of ways to become a millionaire. Some of them are even legal. You can invent something, like fire, Scrabble or potatoes, although those have been taken. Or you can write a book, then buy TV airtime, then teach seminars telling... by Your Turn with Mike Causey
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Don’t turn your home into Bleak House!: If you belong to a book club, whether Oprah’s or one in the neighborhood, chances are “Bleak House,” by Charles Dickens, will never be on your reading list. Ever. As in never! For one thing, “Bleak House” is really old. Written in the... by Your Turn with Mike Causey
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The ‘Phantom’ COLA and other retirement mysteries: The good news about the federal retirement programs — FERS or CSRS — is that they have many moving parts. The downside is you need to do some homework — preferably starting from day one on the payroll — to get the most out of your service.... by Your Turn with Mike Causey
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Time for a reality check: Today’s Your Turn show is about the kind of thing he could be very good at: Taking care of his family. Hopefully it will help you in important ways, like taxes and investments. Subject that are not fun, but are very important when someone... by Your Turn with Mike Causey
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Looking for a safe 7.1% investment?: So today we’ve got a double-header for you on Your Turn. My lead off guest is financial planner Arthur Stein, who specializes in managing finances of active and retired feds. Today he’s going to talk about the pros and cons of playing it... by Your Turn with Mike Causey
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Open Season: Shop online and on company time for your health plan: If you work for Uncle Sam there’s a 50/50 chance you do. That is, your agency has pre-paid so you can shop from home, office or home/office using the popular Checkbook’s Guide to Federal Health Plans. Many people use it to find several... by Your Turn with Mike Causey
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Hidden gems (and time bombs) in your health plan: Federal workers, retirees and their surviving spouses are fortunate in many ways. They have a large number of health plans to choose from. The government will pay much if not most of the premium. No one can be turned down for any reason.... by Your Turn with Mike Causey
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Want a Roth IRA on steriods? Check your health plan.: Tired of shelling out thousands of dollars each year for your federal health plan? Confused, irritated or both by the multiple-choices available under the Federal Employee Health Benefits (FEHB) Program? Why not consider picking a health... by Your Turn with Mike Causey
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Would you buy a Medicare Advantage plan from Joe Namath? Or anybody else?: Before you answer, your first question might be “what’s a Joe Namath?” or “what’s this Medicare Advantage thing?” If you are of a certain age, and like (or hate) professional football, you will know that Joe was a very famous, successful... by Your Turn with Mike Causey
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The TSP: Investing for the long haul

The TSP: Investing for the long haul

Description

Titles in the series (100)

More Episodes from Your Turn with Mike Causey

Related podcast episodes