Browsing Archive August, 2012
Good reasons NOT to live in Hawaii
SaveSavedRemoved 0

Good reasons NOT to live in Hawaii

A reader writes: I've read many of your posts and links about military retirement in Hawaii. It's not something we had considered previously, but it sounds pretty good. Apart from the high cost of real estate, what are the pitfalls? We are a pretty frugal couple, so I don't think the excise tax would be too bad for ...

READ MORE +
Military insurance: SGLI, VGLI, SBP, and other benefits
SaveSavedRemoved 0

Military insurance: SGLI, VGLI, SBP, and other benefits

    Military veteran & CFP Jeff Rose has started another movement over at Good Financial Cents! The Roth IRA movement raised a huge awareness in the financial independence corner of the blogosphere. Now he's trying to do the same for life insurance. Today, 22 August, hundreds of personal-finance ...

READ MORE +
Over a decade later, REDUX still sucks
SaveSavedRemoved 0

Over a decade later, REDUX still sucks

    A reader e-mailed a new question on an old debate: I have a younger relative about to reach 15 years in the Army. Currently he is an E-7 and was presented with the pension choice of taking $30,000 and a 10% haircut on the pension along with 1% less COLA down the road. Off the top of my head I told him ...

READ MORE +
So you want to be a landlord.
SaveSavedRemoved 0

So you want to be a landlord.

    Another content-heavy, link-filled post to get you through the weekend! I recently read a Reddit question that also describes how servicemembers turn into landlords: I'm in the military, eligible for a housing allowance based on my rank and typical rent levels for this ZIP code. I see the following ...

READ MORE +
Book review: “Abundance”
SaveSavedRemoved 0

Book review: “Abundance”

      Did you ever read a book that makes you feel as if your head's going to explode from all the new concepts? I don't mean the U.S. Navy's S5W Reactor Plant Manual, but Joe Dominguez' "Your Money or Your Life" certainly qualifies. I'd like to thank my friend John again for sending me a ...

READ MORE +
Ask your Dad if you should contribute to the Roth TSP.
SaveSavedRemoved 0

Ask your Dad if you should contribute to the Roth TSP.

    This guest post is brought to you by Eddie Wills. My dad just turned 70 ½. It's a major milestone in the eyes of the IRS, as it marks the calendar year he must begin taking Required Minimum Distributions (RMD's) every year from his Individual Retirement Account (IRA). To celebrate this major ...

READ MORE +