This guest post is brought to you by Tali Wee of Zillow. (If you're interested in writing a guest post, please see our guest posting guidelines.) Veterans and active-duty service members who are considering purchasing a home should evaluate the significant advantages of Veterans Affairs home loans (VA loans). These loans are easier to … [Read more...] about Guest Post Wednesday: 5 Benefits of VA Home Loans
Archives for February 2013
Welcome to Military Saves Week, part of the annual America Saves campaign! Military Saves is part of DoD's financial readiness campaign, and if your military base is participating then you're probably already tired of the publicity. But let's get a glimpse of how tired your future could be if you're not paying attention to your finances. The … [Read more...] about Top Ten Financial Bad Habits (And Three Good Habits)
A reader writes: I've left active duty, but I feel compelled to get a federal civil service job so that I can apply my active duty time toward a federal pension. Would it be a wiser financial move to get a "civilian" job that pays a higher salary for investing in a taxable account that would be worth more than a future civil-service pension, … [Read more...] about Should You Start A Civil Service Bridge Career After The Military?
A reader writes: How do you know when you have enough assets in retirement accounts so that you can stop contributing and put your money in taxable accounts? We could probably stop now but it's a hard habit to break. This is a good question for both military retirees and for servicemembers with only a few years of active duty. It's tempting to … [Read more...] about When do you stop contributing to tax-deferred accounts?
Wow. Over six months since the last sea story? Unsat. Here we go: In late 1981, one of the new SECNAV's first acts was to persuade SECDEF and the President that it was time for Admiral Rickover to enjoy his military retirement. Over 80 years old, the Admiral had been on active duty for 63 years. He had also outlived the support of the … [Read more...] about Sea story: the Admiral Rickover interview
Let me start this post with a couple of our household's famous naval sayings: "You are such a freakin' nuke." -- My spouse, USNA '83, to me, USNA '82, many times over the last 30 years. "You hear her? Someday soon you could be a freakin' nuke too..." -- Me to our daughter, NROTC '14. The Secretary of the Navy has formally announced the news … [Read more...] about Navy: women are joining the crews of VIRGINIA-class attack submarines
Good nature and good sense must ever join; To err is human, to forgive, divine. -- Alexander Pope, "An Essay on Criticism" WARNING: Engineering geek alert. Bear with me here, and I'll eventually get around to personal finance. If you'd rather skip all that engineering stuff and just read about financial independence then jump down to the … [Read more...] about Book Review – To Forgive Design: Understanding Failure