(Thanks to Tomcat98 of the Early-Retirement.org discussion board for introducing me to one of the authors of the studies quoted here and in the book.) Here's the conclusion to the nitty-gritty details of the following question: If you're receiving a military pension, then how should you invest the rest of your portfolio? Investors are always … [Read more...] about Asset allocation considerations for a military pension (part 3 of 3)
Here's the second part of a three-part post to answer the nitty-gritty details of the following question: If you're receiving a military pension, then how should you invest the rest of your portfolio? One noted economist compares an investor's portfolio against their lifetime income. Moshe Milevsky's book "Are You A Stock or A Bond?" describes … [Read more...] about Asset Allocation Considerations for a Military Pension (part 2 of 3)
Here's the first part of a three-part post to answer the nitty-gritty details of the following question: If you're receiving a military pension, then how should you invest the rest of your portfolio? Frankly, to the majority of you readers, this will be a boring technical essay. The big picture of this week's posts is that emotions will influence … [Read more...] about Asset Allocation Considerations for a Military Pension
(Thanks to SamClem of Early-Retirement.org for the story that led to this post!) Financial independence and retirement are accelerated by saving as much as possible in the Thrift Savings Plan, IRAs, and taxable accounts. Aspiring early retirees have two ways to accelerate their ER: earn more or spend less. Military earnings rise with each … [Read more...] about Saving base pay and promotion raises
Internet discussion boards have some perpetual topics. New members will constantly rediscover the same ground that has been trod by the older members, and occasionally a newbie will neglect to check the archives to see if the issue has already been beaten to death. On retirement forums, two of those perpetual topics are inflation and investment … [Read more...] about TIPS and I bonds for military retirement?
Moshe Milevsky's book "Are You a Stock or a Bond?" suggests that military on active duty can invest much more aggressively than many civilians. Milevsky's concept of "human capital" grew out of his studies of investment and retirement plans. He noted that every worker has the lifetime potential to earn different amounts of money, with varying … [Read more...] about Tailor Your Investments to Your Military Pay and Your Pension
Now that your budget has money to save, where should you put it? There are two basic concepts that should guide all of your investment decisions: minimize taxes and minimize expenses. There are hundreds of different investing techniques and asset classes, and thousands of different types of investments, but study after study has shown that these … [Read more...] about Where to put your savings while you’re in the military
Short post today, folks. It's a straightforward topic and you're probably busy getting ready for the holidays! Before we start, here's another reminder about getting on the road to financial independence: are you tracking your spending yet? If you've been doing that for a few months, then have you put together a budget? Next let's talk about … [Read more...] about Simple Ways to Start Saving for Retirement