OPM Breach: Update

OPM Hacked You probably remember that in early June, the Obama administration and OPM announced that the OPM systems were breached in April, and that the information of around 4 million Federal Employees was compromised. A Second Breach Unfortunately, we now know about a second, more severe breach of the same systems that exposed the information of […]

Read More

Building a Sufficient Retirement Nest Egg

It’s the same old story: you’re going about your everyday routine and then all of a sudden retirement comes into focus. Turning 50 and not having anything put away for retirement leaves you breaking out in a sweat at night as you try to fall asleep. You envisioned leaving work at an age when you could actually […]

Read More

Required Minimum Distribution Deadline

The 15th of April, the nationally known Tax Day, is the deadline for everyone to file their taxes. However, that is not the only deadline this year in April. If you have money in a personal fund, such as an IRA, 401(k), Simplified Employee Pension, or other retirement account that involves rollovers, you may need to make a […]

Read More

Life After Retirement: Wayne Shipley, Filmmaker

An Amazing Second Career For most people, life after retirement is a time a to relax, travel, and spend more time with family and friends. But Wayne Shipley’s life after retirement is a story about an amazing second career. Previously a high school English teacher, Wayne is now a well-regarded independent filmmaker based in the […]

Read More

Socially Responsible Investing: Should You Invest In Companies That You Don’t Believe In?

Socially Responsible Investing As the array of investment options continues to grow, investors have the opportunity to be more and more selective about the companies they choose to invest in, often choosing or rejecting certain stocks according to the ethical principles of the company they represent. There are many terms used to describe this trend; ethical, socially […]

Read More

Life After Retirement: Shirley Temple More Than a Hollywood Icon

An American Icon America has had many child stars over the years, but none so etched in our consciousness as Shirley Temple. With bouncy curls, pouty cheeks, an infectious smile, a sweet voice, and a remarkable ability to act, dance, and sing, Shirley exhibited an on-screen maturity and talent well beyond her years. Born in 1928, […]

Read More

529 Plan vs. Life Insurance (plus an infographic!)

[Scroll down for infographic] The Media Debate It’s hard to turn on the TV or listen to the radio nowadays without hearing a commercial about investing in a 529 plan or buying insurance as a way to pay for college. The 529 plan vs. life insurance debate isn’t new, but recent media attention has drawn the topic into the spotlight. 529 […]

Read More

Retired on a Cruise Ship: The Ultimate Form of Assisted Living

Lee Wachstetter’s story has gone viral across the internet. The 86 year-old woman lives year-round in retirement on the Crystal Serenity, an 820-foot luxury cruise ship. No doubt, the mercury in the envy index has blasted through the roof, causing an epidemic of 10th commandment violations, “thou shalt not covet those who get to retire on a luxury […]

Read More

Baby Boomers: Worse Off Than Their Parents in Retirement

2008: The Baby Boomers’ Swan Song A recent Businessweek Online article tells the story of Lee Manchester. Lee is a 61-year-old baby boomer. She worked hard her whole life and even tried to start her own business back in the 80’s. Today, she finds herself with only $120,000 in a 401(k) and a home that she can’t […]

Read More

Unveiling A New Online Federal Annuity Calculator

The Problem Here at Fed Nav we’re always looking for new ways to help Federal Employees learn about their benefits and retirement options. Recently, we studied the online federal annuity calculators currently available and we weren’t happy with what we saw. Most of the calculators we found required a lot of complicated data and didn’t […]

Read More