Late-Career

Can you afford to retire?

Learn how to invest for inflation-adjusted lifetime income. This course provides interactive, self-paced, online training in the Thrift Savings Plan (TSP), retirement, and financial planning. Evaluate savings, potential retirement cash flow, and withdrawal options for TSP and other retirement accounts.

Develop a Personal Financial Plan guided by Debbie Mason, a CERTIFIED FINANCIAL PLANNERTM professional. Estimate your Federal retirement and other income sources. Calculate potential savings growth to see if you need to save more.

Learn about risks and returns of cash, bonds, stocks, and international investments and their related TSP funds (G, F, C, S, and I). Learn to balance risk and return and how to choose investments for short-, intermediate-, and long-term goals. Evaluate TSP L funds and rollover options to and from the TSP. Compare benefits of tax-saving account (e.g., TSP, IRAs, TSP Roth 401(k) coming in 2012) and learn about Roth IRA conversion options. Learn how to choose withdrawals from TSP and other savings to create a tax-efficient cash flow for retirement.

Duration: Approximately 6 Hours (self-paced)

Prerequisites: None

This course is for employees in the Civil Service Retirement System (CSRS): Employees hired before January 1, 1987. (Includes CSRS Offset)

This course is for Civil Service Retirement System for Law Enforcement Officers and Firefighters (CSRS Special): CSRS: Employees were hired before January 1,1987. (Includes CSRS Offset)

This course is for employees in the Federal Employees Retirement System (FERS): Employees hired after January 1, 1987, OR those who switched from CSRS to FERS.

This course is for employees in the Special Federal Employees Retirement System (FERS Special): FERS Employees are those hired after January 1, 1987, OR those who switched from CSRS to FERS. Special FERS employees include Firefighters, Law Enforcement Officers, Air Traffic Controllers, Military Reserve Technicians, members of Congress, and Congressional employees.

For Military High-3 Average Retirement System. Applies to members who first entered Service on or after September 8, 1980, and before August 1, 1986; High-3 also applies to members who first entered Service after August 1, 1986, and chose to revert to the High-3 retirement plan by not accepting the Career Status Bonus.

For military members in CSB/Redux Retirement System (CSB/Redux). For for Members who first entered Service after August 1, 1986, and chose to receive a $30,000 Career Status Bonus at 15 years.

For Military Final Pay Retirement System. Applies to members who first entered Service before September 8, 1980.