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Reply to "Financial Advisor experience w/ federal pension"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Hands down the expert in retirement planning is Tammy Flannagan. She writes for GovExec and her articles are incredible. I have not used her but I have read a number of her articles and she writes well and has an almost encyclopedic knowledge of the nuances of federal retirement. https://www.retirefederal.com/about[/quote] Tammy is extremely knowledgeable, no doubt! I'm pretty sure she isn't a financial planner, but I believe she works with a financial planner. Does anyone know her fees?[/quote] I talked to her firm (not to Tammy-- not sure if Tammy still does individual consultations or not). Basically they are all about educating you on the retirement process-- they will calculate what your pension should be to make sure that it matches OPM's calculations. They'll also talk to you about the various choices you have to make when retiring from the feds, like survivorship for the annuity, life insurance, TSP, social security, etc. Think that process costs about $1,500 (discount for a fed spouse added on). AFAICT, they are not doing financial planning-- how much do you need to retire, how much can you withdraw each month, how should you set an asset allocation, etc.[/quote]
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