Tag: inflation
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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Effect of Inflation on a REDUX Military Pension
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Effect of Inflation on a REDUX Military Pension

Veterans entering the service after July 1986 are eligible to choose between two different retirement systems. The first system, High Three, offers a multiplier of 50% at 20 years of service and raises it 2.5%/year to 75% at 30 years of service. Each year after retiring, the pension is raised by a cost of living ...

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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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COLA calculations
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COLA calculations

    The Department of Defense applies the Social Security Administration's calculation for COLAs to military pensions. Although the money comes from different agencies, the numbers are the same. The COLA for the following year (applied in January) is calculated from the third quarter of the current year. ...

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Retiring on Multiple Streams of Income
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Retiring on Multiple Streams of Income

This topic isn't tied to "The Military Guide" chapter on the Reserve/National Guard, but those military retirees frequently confront a retirement consisting of multiple sources of income. Veterans who retire from active duty will go straight to a pension, but Reservists/NG have to find some other source of cash flow ...

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The Biggest Benefits of a Military Retirement
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The Biggest Benefits of a Military Retirement

All retirees have to accumulate the resources to last for the rest of their lives, but early retirees (before age 65) have two daunting challenges: paying for healthcare and contending with decades of inflation. Health insurance is largely a workplace benefit, and many civilian workers feel “locked in” to their ...

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