Office: (302) 307-1497 | Genuine Financial Advisors“Both bond funds and bond exchange-traded funds (ETFs) invest in baskets of bonds or other debt instruments. Bond funds consist of pools of capital from investors and have a manager who decides where to invest. Bond ETFs consist of an index of bonds whose goal is to match the returns from an underlying index.” George [...]
"In 2021, federal employees can contribute up to $19,500 to their TSPs. There is also a $6,500 catch-up contribution per year for those over the age of 50. But, should ALL your nest egg be locked up in a TSP?"- George Politarhos Most financial experts agree that the federal government's Thrift Savings Plan (TSP) is [...]
“If you are a federal or state employee planning to retire in the next year, you should waste zero time planning your exit.”- George Politarhos If you are like most federal employees under the Federal Employees Retirement System (FERS), you have numerous things to consider. Many Federal, State, and local employee programs complicate retirement planning [...]
The one-size-fits-all approach their advisor may have used during the accumulation phase just won’t work when it’s time to retire.-George Politarhos Generic, templated approaches to financial planning can work for some people during the “accumulation” phase of their financial lives. However, as a person gets within five to seven years of retirement, it becomes obvious [...]
While the typical federal employee completes their retirement application at least thirty days before retiring, there is one choice you should consider a YEAR before you retire.- George Politarhos If you or a spouse are a federal employee, you will have five annuity options presented to you on your retirement application. You can choose: An [...]
"Being a "jack of all trades" may not be an ideal qualification for your financial advisor."- George Politarhos Building a financial advisory group consisting of qualified and trusted experts is an effective way to ensure your wealth is maximized and protected. Just as the medical world has specialists trained in the nuances of a particular [...]
When my sister Angie and I started our financial services business, Genuine Financial Advisors, we did so because we discovered, through circumstances in our own family, that failing to plan can have devastating consequences, especially in retirement. Mistakes made in any phase of a person's financial life will almost certainly have a magnified impact once [...]
