I am an active duty Air Force officer investing for financial independence by age 40.
2020 information here: images (below), PDF, or Excel document. In order to maximize your 5% military TSP match, you must contribute at least 5% a month. The easiest way to …
Read MOREMilitary TSP Match 2021: What Percentage to Contribute to TSP Monthly To Maximize?
This was originally a guest post that I posted over at Kate Horrell‘s Military.com Paycheck Chronicles site. I’m re-posting it here to get maximum exposure on why I am signing up for …
Read MOREI Will Opt Into the New Military Blended Retirement System (You Should Too)
What a roller coaster of a year! Between a rough start in January when the S&P 500 was down 5% (the worst month since 2009), Brexit, the Trump election night crash …
If you have a Thrift Savings Plan (TSP) account and separated or retired from the military or government employment, watch out: the “gold IRA” marketers are coming for you! A …
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 …
The following is a recent email I received from a fellow Air Force captain. If you have a military related personal finance, investing, or other financial question, shoot me an …
Update 8 Oct 2014: Another email received from DFAS. See below for email #2. It appears this only applies to Active Duty Air Force personnel. You will need to redo your …
Read MOREAction Required: Changes Coming to Roth TSP January 2015
2014 marks the first year I’m on pace to max out my Roth TSP and Roth IRAs. For the Thrift Savings Plan, I setup automatic deposits on myPay at $1458 per month, which …
Read MOREFinancial Independence Asset Allocation – My 2014 Portfolio
The Thrift Savings Plan (TSP) offers a unique, low cost, tax advantaged, diversified, and automatic investment opportunity to US government employees and military personnel. Since I’m active duty Air Force, …
Read MOREThrift Savings Plan (TSP) Military – The Best Retirement Plan in the World
I’m a big fan of responsible credit card use. (Unlike some financial “gurus.”) With a few cards offering 5% cash back and most good credit cards offering 1-2% back on …