Determining your financial ability to retire

For Your Benefit - April 7, 2014

wfedstaff | April 17, 2015 6:34 pm

April 7, 2014 — Join us this week on “For Your Benefit” , for our first show during Financial Literacy Month.

All month long, we will explore topics related to your finances and your financial awareness to help you make decisions about them.

On today’s program, Joe Sullender, CFP, Senior Vice President/Investments, Financial Strategies Group of Wells Fargo Advisors, joins hosts Tammy Flanagan and Bob Leins to discuss some of the basics that need to be considered when beginning the process of making decisions regarding financial awareness relative to retirement.

Topics include:

  • Determining what amount of cash flow you feel is reasonable in retirement. This is not easy to do but we will start with basics and build from there.
  • Projecting what you, as a federal employee, will be receiving relative to retirement income. This discussion includes your base annuity, TSP distribution options and social security. If you will have a survivor to be cared for in retirement how can that cash flow be initially projected?
  • If there is a shortfall in your retirement funding analysis, how will the shortfall be adjusted?
  • What is the best way to manage money pre-retirement regardless of the stage of your career?

We look forward to taking your questions and or requests by emailing us at