I’m invited to USAA DigitalMilEx Conference again! This year it’s next week (26-27 October) at a San Antonio hotel near their headquarters building. I’ve also been invited to a behind-the-scenes visit on the day before. [wpsm_titlebox title="Read more" style="2"] USAA DigitalMilEx Answers to your Questions [/wpsm_titlebox] Please give me … [Read more...] about “What Happens At USAA’s DigitalMilEx”… We’ll Tell You About It.
A reader posted a forum comment about his co-workers: I'm always intrigued when I hear about recently retired military personnel with pretty good pensions who take new jobs after retiring in their mid to late 40's. If they want to work that's fine of course, but it's pretty sad that many of them probably feel they need to work, because of … [Read more...] about 5 Reasons Why Military Retirees Keep Working
A reader asks: I served 14 years of active duty and six years in the National Guard. I received my 20-year letter. I began working for the postal service and “bought back” my 14 years of active duty towards my postal service retirement. For example I have 12 years actual with the postal service but 26 years on the books due to the buy back … [Read more...] about Can I Earn A Military Pension And A Civil-Service Pension
Are you considering an enlistment, for military student loan repayment options? When you're facing a mountain of student debt and you don't even have a job lined up after graduation, the military can seem like a pretty attractive option. So should you join the military to pay off your student loans? Maybe. This is a confusing subject-- let me … [Read more...] about Will The Military Pay Off Your Student Loans
The other day, I just finished my last spring physical readiness test (PRT) for the Navy. As I finished my second-to-last fitness test, I celebrated to myself—one more PRT, and I’m done! My entire career, I’d thought of the PRT as paying rent—every six months, you pay up. You don’t get credit for doing any more (not in the Navy, at least). … [Read more...] about Four Ways Physical Fitness Impacts Financial Fitness
So, today is Monday, May 2. As of yesterday, I officially have one year until my planned retirement ceremony. With that said, I wanted to update you on two significant events since my last retirement journal entry. So, I went in for ringing in my ears, and came out with a broken nose…. Let me explain. As I’ve always advised people, I’m trying … [Read more...] about Military Retirement Journal – 1 Year from Retirement and Counting…
Here's a summary of a conversation with a National Guard servicemember who's contemplating moving from a drill billet to the Individual Ready Reserve. We talk through all aspects of the decision, how to deal with the IRR, and how the Guard/Reserve military pension is calculated. At the end of the post, I've included several "Related links" to … [Read more...] about Should I Stop Drilling And Go To The Individual Ready Reserve?
Effective 1 April 2016, military occupational specialties 11X, 13F, 19D, 19K, will become gender integrated. This unprecedented act will allow women to enlist into Infantry, Armor and Artillery MOSs and serve alongside their male counterparts. Infantry and armor positions will open to women April 1 in the next step of the Army's gender integration … [Read more...] about It’s Official Infantry, Armor Opens To Women: Effective 1 April
My spouse and I joined the military in the late 1970s. We've been military spouses since 1986, and I was a member of several fine Wives Clubs in the 1980s-90s. Thankfully, the military's gender policies have improved quite a bit over the last 40 years. The male military spouse situation has also improved a bit during this millennium, thanks to the … [Read more...] about How To Find Portable Careers For Military Spouse’s
This article was published a couple of months ago online, but I’ve made some changes specifically to point out how estate planning should matter to you throughout your military career. I was recently at a financial planning conference, when I listened to a presentation by Natalie Choate, a prominent estate planning attorney from the Boston area. … [Read more...] about Why Estate Planning Matters to You in the Military (Even if You Think it Doesn’t)