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Thread: SkyPilot's Retirement Story

  1. 05-27-2014, 02:22 PM #13
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    Default Re: SkyPilot's Retirement Story

    Just learned one simple weird trick to enhance my retirement account! Click here ______ to learn this secret!

    Just kiddin'... however, I just had a fellow BOP retiree give me a heads up on a tax strategy. He said to make sure I bump up my deductions so I do not get killed with taxes on my annual leave/comp time cash out. Sweet!

    And then I thought, hey! Bump up my TSP contributions as I will not be maxing them out as I am retiring in the middle of the year. As I do not need the cash for the next couple of months, all that salary goes into TSP thus reducing my taxable income to near zero and still get the matching 5% on top of it.

    A good strategy for those retiring in the middle of the year.

    I also get to spend the full years FSA medical, but only paying in Jan through June, coming out $1,250 ahead on that deal as well (using it all up on the knee surgery).
    Official Retirement Date: 06-31-2014!
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  2. 05-27-2014, 03:12 PM #14
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    Default Re: SkyPilot's Retirement Story

    Congrats! Retirement is wonderful and you will be saying "how did I ever get anything done"?

    I will pray for your safety in the Ukraine.
    No God, No Peace. Know God, Know Peace.
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  3. 05-27-2014, 03:35 PM #15
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    Default Re: SkyPilot's Retirement Story

    See articles on how 5% match is determined.
    Are You Making the Most of Your TSP? - FedSmith.com
    FERS TSP Agency Matching Contribution - Federal Retirement Planning, LLC
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  4. 05-27-2014, 03:36 PM #16
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    Default Re: SkyPilot's Retirement Story

    Thank you! I appreciate your interest. I will post here from time to time regarding our progress!

    Quote Originally Posted by 2moryrs View Post
    Congrats! Retirement is wonderful and you will be saying "how did I ever get anything done"?

    I will pray for your safety in the Ukraine.
    Official Retirement Date: 06-31-2014!
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  5. 06-05-2014, 11:30 PM #17
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    Default Re: SkyPilot's Retirement Story

    At the moment SkyPilot is quite ill in the hospital. The knee replacement earlier this week went well, however he had a sudden respiratory destruct, and was moved to ICU. For those of you who are Believers in the Resurrection Power of Jesus the Christ, please pray for his total healing & recovery, so he & his wife can get on with their lives.
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  6. 06-05-2014, 11:53 PM #18
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    Default Re: SkyPilot's Retirement Story

    Quote Originally Posted by grandma View Post
    At the moment SkyPilot is quite ill in the hospital. The knee replacement earlier this week went well, however he had a sudden respiratory destruct, and was moved to ICU. For those of you who are Believers in the Resurrection Power of Jesus the Christ, please pray for his total healing & recovery, so he & his wife can get on with their lives.
    count me in.
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  7. 06-06-2014, 12:23 AM #19
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    Default Re: SkyPilot's Retirement Story

    SP is a wonderful person, may he have a remarkable recovery, we are all praying for our friend.


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  8. 06-06-2014, 12:25 AM #20
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    Default Re: SkyPilot's Retirement Story

    Quote Originally Posted by grandma View Post
    At the moment SkyPilot is quite ill in the hospital. The knee replacement earlier this week went well, however he had a sudden respiratory destruct, and was moved to ICU. For those of you who are Believers in the Resurrection Power of Jesus the Christ, please pray for his total healing & recovery, so he & his wife can get on with their lives.
    Thank you for keeping us updated, I will pray for speedy recovery!
    Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
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  9. 06-06-2014, 01:12 AM #21
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    Default Re: SkyPilot's Retirement Story

    Thanks for letting know so we can pray for SP and his family!
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  10. 06-06-2014, 08:34 AM #22
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    Default Re: SkyPilot's Retirement Story

    same here
    "life can only be understood backwards, but it must be lived forwards" - soren kierkegaard
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  11. 06-06-2014, 08:42 AM #23
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    Default Re: SkyPilot's Retirement Story

    Wow, I had missed this thread. I was reading along and so happy for Sky then I see is fell ill. My thoughts and prayers are with you, buddy!
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  12. 06-06-2014, 04:01 PM #24
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    Default Re: SkyPilot's Retirement Story

    Thanks grandma. SkyPilot has been added to our list.
    May the force be with us.
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