I’m collecting a list of resources, articles, and calculators related to the Blended Retirement System (BRS). Check it out for the most up to date information. Executive summary: Up to 5% base pay match for TSP contributions. 1% automatic DoD
One of the things you should always keep in mind is to have a five year plan. This plan should consist of things you plan to do in the military, as well as post-military, education, financial, and family aspects.
The following article is a guest post from Neal Frankle. He’s the owner of Wealth Pilgrim and also writes for Business Insider. He’s also been a Certified Financial Planner for over 30 years and offers lots of financial wisdom, some of
Happy 2016! This year, military pay rose 1.3% and BAH rose for many. In total my pay will jump about $6000 from Jan 1 2016 to Jan 1 2017, mostly from a years of service pay bump and my BAH
If you haven’t signed up for Personal Capital yet, here’s a chance to see all your financial accounts in one place AND enter a lottery to win a free trip to Hawaii! Maybe you can even hang out with my blogging
In the military, there are many reasons for selling your home. You can sell for any of the following reasons: relocation buying a bigger home downsizing retirement/separation because it makes financial sense to do so Let’s take a look at
I was talking with Ryan Guina, from the Military Wallet and Cash Money Life, and asked him for advice on writing Military in Transition. He told me, “Forrest, you have a lot of detailed articles, but some folks need to know more about the basics of finance. You should write some posts on things like compounding interest, and other basic financial principles.” With that, Back to Basics was born (thanks Ryan!). Every once in a while, I will try to write an article that speaks to a basic concept in financial planning. So, with that said, below is my first piece on compounding interest (thanks again Ryan!)