Tag: annuity

“Do I Need An Annuity?”

“Do I Need An Annuity?”

A reader writes: How do you see the utility of annuities for folks of age 55+ who are financially independent? Especially if you're genetically and physically healthy, that seems a winner if we're talking about spending a few hundred thousand dollars to generate a baseline firewall of income. Especially I guess ...

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USAA: seven money rules to break

A few weeks ago USAA article posted an article on when to break the "money rules". Here's the summary, with my comments in italics: 1. Pay off debt and build an emergency fund before saving for retirement ... ... except when your debt is of the low-rate, tax-reducing variety, such as a mortgage or student loans, and ...

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TSP withdrawal options

So you've been in the military for a few years and you've been dutifully putting part of your paycheck into the Thrift Savings Plan. (If you haven't been contributing to the TSP then go read this post and get hot.) Maybe you're even maxing out your contributions.  But if you're like me, you've been so focused on the ...

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Back to the Trinity Study

Today's post will be a sensuous reading experience that only a financial planner or an economist could love. If you're just getting started on your own finances then you probably want to skip this post (!) in favor of reading the “Armed Forces Guide to Personal Financial Planning”, or "The Military Advantage", or ...

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