I am an active duty Air Force officer investing for financial independence by age 40.
All data available as images (below), PDF, or Excel document. The Blended Retirement System (BRS) is an excellent way for military servicemembers to build their retirement savings. The BRS allows …
Read moreBRS TSP Match 2019: How much is it worth? How much to contribute?
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 …