Tag: military pension
How Much Is The COLA On My Military Pension?!?

How Much Is The COLA On My Military Pension?!?

The question was asked on the Facebook group “Military Spouse Retirement Information”: "Is there a date that is better to retire on than any other day of the year? It used to be the case that it was better to retire sometime after 1 January or 1 February. I believe it had something to do with COLA, but I don’t ...

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Can I Count On A Military Pension?

Can I Count On A Military Pension?

A reader asks: "Thank you for your words of wisdom in your blog and being a source of motivation. I have a quick question and I would appreciate your advice. I have 18.5 years towards my military retirement and plan to go another 10 years or so. That would put me at 50 years old which is my goal retirement age. ...

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Asset allocation considerations for a military pension

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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Retiring on Multiple Streams of Income

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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Military retirement spending: how much will I need?

Military retirement spending: how much will I need?

The short answer: your retirement savings portfolio needs to be about 25 times the size of your net annual retirement spending. If you want to spend $40,000/year in retirement and you don't have any pension or other income, then you're going to need a million bucks in the bank. If you have a military pension, ...

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