(The first part of this post is over at Jacob Lund Fisker's Early Retirement Extreme blog.) Now for the rest of the story... When I was an impressionable young teen, my best friend's older brother was attending USNA. Every time he was home on leave he wore a Navy sweatshirt and a three-day beard. He'd have a cold beer in one hand and a hot chick … [Read more...] about Join the military to get rich and retire early?: the rest of the story
Welcome to all the new readers who found this blog last week! The hits immediately doubled, and they've nearly doubled again!! Today's post actually starts over at Jacob Lund Fisker's Early Retirement Extreme blog. He says that ERE-infatuated teens have asked him about joining the U.S. military as a way of retiring in your 30s, so I wrote the … [Read more...] about Join the military to get rich and retire early?
Several readers have asked about this donation system. I'm not an expert, but let me tell you what I know and you can share what you know. Like most people, my spouse and I started our philanthropy by donating to charities somewhat randomly. We supported our military command's drives for the Combined Federal Campaign. We spend a lot of time … [Read more...] about Charitable Gift Funds – How to Set Up An Account to Donate to Your Favorite Cause
After reading the earlier posts on kids & college (see below), some of you have already been thinking about the next question: "How can I save for early retirement and still save enough for my kid to go to a good college?" An earlier post already discussed whether you want to set aside any money for them to go to college. For this post, we'll … [Read more...] about How much should you save for college?
This is another perennial (and heated) topic on discussion boards like Early-Retirement.org and Bogleheads.org. I'll try to distill years of debate (and thousands of posts) into the most popular suggestions. Before we get into the mechanics of saving & investing the college fund, let's figure out why you'd want to have a college fund in the … [Read more...] about Early retirement and the kid’s college fund
"The Military Guide" blog has reached 100 posts! Thanks to everyone who's read and commented over the last eight months. I think my military skills & discipline will keep this going for another year or five, so tell your friends! On with today's post: One of my shipmates mentioned a few weeks ago that instructor duty was the best tour … [Read more...] about Getting “the job call”
Now that you're enjoying a stimulating retirement and exploring new horizons, what about "back to school"? A surprising number of retirees seek out the classroom, especially if they feel obligated to extract every penny from their GI Bill benefits. Some see school as an opportunity to make up for lost time: the education you could never afford or … [Read more...] about During retirement: Back to school?
As you blissfully go about your daily retiree routine, you'll be blindsided by an epiphany: "Gosh, I could do THAT job!" The realization could be triggered by anything-- a clerk's fumbling efforts at the home-improvement store, a chance encounter with a battle buddy, a news item about an old wingman, or a job posting on a website. The evidence … [Read more...] about During retirement: The inevitable job offers
That homily makes a great e-mail signature or bumper sticker, but it also carries a warning to a particular segment of veterans. The military excels at giving its members a ready-made identity: you're not an individual, you're part of a team. You take responsibility and behave at a higher standard. You're a leader. The … [Read more...] about Forget about who you were and discover who you are
"The Military Guide" is full of advice and stories from dozens of servicemembers and veterans who hope that you'll benefit from sharing their experience. I don't tell their stories in the blog (you'll have to read the book!) but I'll post the stories that didn't make the manuscript. As you read this next story, think about whether you'd … [Read more...] about The transition to a bridge career