FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, discusses the concerns of the legitimacy of the "Deferred Resignation" offer that expires on February 6th – and why distrust and uncertainty are running high among federal workers.

KEY TAKEAWAYS:

• The unorthodox method in which this offer was made

• The uncertainty of many important details

• The general distrust among the federal workforce

• The concerns about "what's next"

Additional resources:

Link to OPM announcement: OPM.gov/fork

Link to OPM FAQs: OPM.gov/fork/faq

Local workshop locations and dates: FedImpact.com/attend

To be introduced to a local financial professional: FedImpact.com/request-to-meet

ProFeds Founder, Chris Kowalik, unpacks why most New Year's resolutions fail and how federal employees can reframe their mindset to get what they really want.

KEY TAKEAWAYS:

• The key behind why most New Year's resolutions fail

• The power of incremental changes

• The breakdown of effective goal-setting

• The reward of meaningful resolutions

Additional resources:

Local workshop locations and dates: FedImpact.com/attend

To be introduced to a local financial professional: FedImpact.com/request-to-meet

Book mentioned, Atomic Habits by James Clear: https://jamesclear.com/atomic-habits

ProFeds Founder, Chris Kowalik, reveals the real truth behind why so many federal employees take advice from the "self-appointed office experts" at the proverbial water cooler.

KEY TAKEAWAYS:

• Why water cooler experts can be dangerous (and sometimes helpful)

• What to do when you are getting advice about money from a co-worker

• Why you might feel compelled to take their advice

• What to do once you have the information (before you take action)!

Additional resources:

Local workshop locations and dates: FedImpact.com/attend

To be introduced to a local financial professional: FedImpact.com/request-to-meet

ProFeds Founder, Chris Kowalik, lays out the 8 planning principles that can help federal employees take control of their financial future

Key takeaways:

• The timing of when you're taking action
• The decision making process (and what happens if you don't make decisions)
• Taking ownership of your future

ProFeds Founder, Chris Kowalik, shares a behind-the-scenes look at the recent updates ProFeds has made to its website and resources for federal employees.

Key takeaways:

• We have a bigger message to share with federal employees preparing to retire,
• We embrace growth and change, so we continue to bring you helpful tools and resources,
• We want to give federal employees a first-class experience.

ProFeds Founder, Chris Kowalik, shares Super Bowl insights and what that has to do with your retirement from federal service.

Key takeaways:

• What to do when you find yourself as the "underdog"
• How to keep your head in the game and be "In it to Win it?"
• When your play calling becomes a crucial element of your game strategy
• Who to rely on for guidance and leadership when the stakes are high
• Why to always keep your eye on the game clock & understand the rules of the game

ProFeds Founder, Chris Kowalik, shares how taking these steps early can help you to retire with financial confidence.

Key takeaways:

• NUMBERS: what facts and figures need to be on your radar
• TIMELINE: what does your retirement countdown look like
• ADVANTAGES: what unique decisions are available to you to give you an unfair advantage over your peers
• MINDSET: what shifts may need to be made to your thinking about your big retirement plan

ProFeds Founder, Chris Kowalik, talks about three areas where federal employees need to pay special attention to when they're requesting and reviewing the retirement estimate from their agency:

• ACCURATE: are the numbers right?

• COMPLETE: are all the numbers and options there (even just for your federal benefits)?

• ENOUGH: is the information presented enough to make a full decision?

ProFeds Founder, Chris Kowalik, discusses how your mindset may shift on you when the TSP takes a tumble.

Key takeaways:

• Different stages of your investment journey (and how it changes your perspective on loss)
• Assessing your risk tolerance as it relates to your TSP
• How long it takes to recoup your money after a down market
• Highlights the #1 problem with TSP once you are retired
• What to do now if your account has already taken a loss

ProFeds Founder, Chris Kowalik, discusses how playing both offense and defense can help federal employees to retire ready.

• OFFENSE: Increasing the money you have to live the retirement you want
• DEFENSE: Protecting that money from others who want to take it from you
• BIG QUESTION: Are you playing to win, or are you playing to not lose?