Category Archives: Money Management & Personal Finance

During retirement: take small financial steps (part 2 of 2)


  The first post of this series talked about small financial steps to take during the first few months of retirement.  We’ll close by considering how to handle your tax-deferred investments in the Thrift Savings Plan and what other adjustments … Continue reading →

Posted in Military Retirement, Money Management & Personal Finance | 2 Comments

During retirement: take small financial steps (part 1 of 2)


When you’re planning and saving for early retirement, your ER budget is only an estimate of your ER spending. It may be a very good estimate, and you’ll adjust it as you get closer to retirement, but only when you’re … Continue reading →

Posted in Military Retirement, Money Management & Personal Finance | Leave a comment

Tailor Your Investments to Your Military Pay and Your Pension


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 … Continue reading →

Posted in Investing & TSP | Leave a comment

Simple Ways to Start Saving for Retirement


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 … Continue reading →

Posted in Investing & TSP | Leave a comment

Frugal Living is Not Deprivation – How Living on Less Can Result in a Richer Life


The military teaches everyone how to live an extraordinarily frugal lifestyle. No matter what reputation your service has, at some point you’ve lived in a very small room with a narrow bed and little storage. Maybe you did without a … Continue reading →

Posted in Money Management & Personal Finance | 4 Comments