The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal Employees. It was established by Congress in the Federal Employees' Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans. TSP includes automatic contributions by the … Continue reading Digging Down on Our TSP
retirement savings
Current PayChecks
These are our current paychecks. In September 2016, I took a different job with less pay but a better climate and more room for salary increases. How do you put a dollar amount on your mental health? HER paycheck altered significantly after 02/19/2017 as she was due for a step increase on the Government Service … Continue reading Current PayChecks
The Finish Line
Where is it I am trying to go exactly? Once I hit 55 and a half, or 62, or 65 I know I am all set. The numbers from My Retirement Master Plan are clear. The real question is how much do I need to stop below the 50 years old mark? 25 Times expected … Continue reading The Finish Line
Monthly Budget with SanKey
There is a new Budget Graphing tool that is very popular on Reddit's Financial Independence thread right now. It is from SankeyMATIC. I was very drawn to the way it looked so I decided to check it out for myself. After tinkering around with the basic model for a few minutes, I was able to … Continue reading Monthly Budget with SanKey
Retirement Savings Per Check
Steady paychecks with automatic deductions are the easiest way to pay yourself first. This is a breakdown of how much money we save out of each paycheck towards retirement. I have tried over the years to continue to live off of the same amount, raise to raise, and put the 'new money' into retirement/savings by … Continue reading Retirement Savings Per Check