I spend a lot of time answering reader questions. Some of them are unique personal decisions, but most of them are about very common situations. I also get personal-finance feedback that just has to be shared with everyone. For example fewer than half of today's military servicemembers even have a Thrift ...
Here's a great reader question on getting the most out of your Thrift Savings Plan: I frequently read your website and find your advice very helpful, and I am looking to make some money moves that I'm not sure are possible. I have a Roth IRA with a lot of money in it, and a Roth TSP with a lot ...
Disclaimer: This guest post is written by an advocate of tactical asset allocation using the Thrift Savings Plan. It's a form of active investment management, and I do not support that. However, despite our different perspectives, we managed to find a few things ...
A reader writes: How do you know when you have enough assets in retirement accounts so that you can stop contributing and put your money in taxable accounts? We could probably stop now but it's a hard habit to break. This is a good question for both military retirees and for servicemembers with only a few years of ...
This guest post is brought to you by Eddie Wills. My dad just turned 70 ½. It's a major milestone in the eyes of the IRS, as it marks the calendar year he must begin taking Required Minimum Distributions (RMD's) every year from his Individual Retirement Account (IRA). To celebrate this major ...
Jeff Rose over at Good Financial Cents is a CFP who sees dozens of older clients. Nearly every week he meets people in their 60s and 70s who tell him "I wish I'd started earlier and saved more." Recently I heard from a military spouse with the same sentiments. The difference is that she's figured it out at a much ...
We're military veterans, not financial advisors. We're trying to share what we've learned and to pay it forward – but you have to make your own decisions.
What worked for us will probably work for you, but unfortunately, we can’t guarantee it. Let us know if something’s not working for you, and we’ll try to figure out a better way... Continue Reading...
Doug Nordman