Money Management & Personal Finance
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Suze Orman advises a dual-military couple
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Suze Orman advises a dual-military couple

Suze Orman recently gave less-than-great advice to a military couple. If you know JoAnn & Tony from Colorado then I'd love to ask them if their plans have changed. Until we hear from them, today is a great chance to show why financial advisers might not always understand the intricacies of military benefits. For ...

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So where should I invest my money now?!?
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So where should I invest my money now?!?

Cherie asked a very pertinent question in the TSP post:  I joined the Navy in 2002 and contributed to TSP until I got out 5 years later. Since I have gotten out I have lost over 1/2 of the money in my TSP. Should I just leave it there and let it do its thing or should I take what is left and roll into a Roth IRA? I’m ...

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TSP annuity options
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TSP annuity options

The last post talked about the TSP's withdrawal options, including penalty-free ways to tap into your account before age 59.5. It also includes the TSP's draft of their rules for the 2012 Roth TSP. Before we get into the "how" of a TSP annuity, let's ask "Why?" If you're retired from the military then you ...

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TSP withdrawal options
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TSP withdrawal options

So you've been in the military for a few years and you've been dutifully putting part of your paycheck into the Thrift Savings Plan. (If you haven't been contributing to the TSP then go read this post and get hot.) Maybe you're even maxing out your contributions.  But if you're like me, you've been so focused on the ...

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Back to the Trinity Study
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Back to the Trinity Study

Today's post will be a sensuous reading experience that only a financial planner or an economist could love. If you're just getting started on your own finances then you probably want to skip this post (!) in favor of reading the “Armed Forces Guide to Personal Financial Planning”, or "The Military Advantage", or ...

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Asset Allocation Considerations for a Military Pension
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Asset Allocation Considerations for a Military Pension

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 ...

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Saving base pay and promotion raises
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Saving base pay and promotion raises

(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. ...

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TIPS and I bonds for military retirement?
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TIPS and I bonds for military retirement?

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 ...

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