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Video instructions and help with filling out and completing Sf 3107 1 certified summary of federal service
Hello my federal employee friends Cooper back again today we're going to talk about something that I deal with quite a bit and something that you probably think about quite a bit and that is how much money that you need for retirement many of you should be at least thinking about okay I'm putting all this money away I'm working you know they're taking money from my paycheck putting my pension I'm putting money my TSP but what do I need for retirement so I'm going to talk today to you about some guidelines and some just some suggestions that I think you should look at for determining how much money you should have in retirement so before I give you any tips or tricks I first want to say please subscribe to the channel it helps grow the channel and I want to be able to keep you informed and understanding of all the things that are happening here so click that subscribe button real quick I appreciate it okay before I get into any tips or advice or anything like that I first want to talk about why you put money away because many of you are putting money into your TSP if you're watching this video then you're probably you know you keep up with your finances if you're subscribed to this channel then you're you know doing a lot of good things for yourselves I'm sure because you wouldn't be watching me talk about your Feder employee benefits that really isn't the most exciting topic if it wasn't somewhat important or interesting to you so good job on that but you are putting money away and if you are putting money away you need to understand that you're not putting away for no reason okay you're putting money away because it needs to have a purpose but what I find is a lot of people are just throwing money into these accounts for really they don't have a reason there's hoping you know like I hope that when I retire this is gonna be it enough money for me to live on but the issue is you have no goal for yourself you have no determinant for how much money you're gonna need so therefore you don't know how much money you're gonna need you don't know how much to put into it and if you don't have any estimated you know ready to return anything like that you have no goal you know I like to give the example if I was going to tell you hey go on some trip to somewhere in California you've never been to California before if you didn't have a map or GPS you wouldn't really be able to get there right you wouldn't be able to get there efficiently at least you know you may be able to find like signs on the road and everything like that and have a general direction but it would.