Have you decided to make the military a career? Great! Now is a great time to start planning around what your pension will be when you retire from the military. Are you undecided or on the fence about a career […]
How Much Will Your Military Pension Be? – 2022 Update
Have you decided to make the military a career? Great! Now is a great time to start planning around what your pension will be when you retire from the military. If you aren’t sure if a career in the military […]
4 Easy Ways to Add Personal Finance to Your New Year’s Resolutions
Happy New Year! I hope you had a great 2021 and that 2022 is even better! Every year millions upon millions of people make New Year’s Resolutions usually with the goal of making changes to improve themselves and their lives, […]
How Much are Your Investments Costing You?
You’re paying fees to invest. Even if you don’t think you’re paying fees to invest, you are still paying fees to invest. All mutual funds and all exchange traded funds (ETFs) have management fees called expense ratios. It is okay […]
What If… You Become a Centenarian?
For the third post in the “What If” series (here are the first and second posts), I’m asking about becoming a centenarian. Do you know what a centenarian is? Don’t worry. I didn’t know exactly what the word meant until […]
You Made Money in Stocks, Now What?
It is no secret that there has been a massive surge of retail investors buying stocks during the pandemic. Between ‘meme’ stocks, a ‘YOLO’ (You Only Live Once) / FOMO (Fear of Missing Out) environment, massive government spending, stimulus checks, […]
How Much Will Your Military Pension Be? 2021 Update
Have you decided to make the military a career? Great! Now is a great time to start planning around what your pension will be when you retire from the military. If you aren’t sure if a career in the military […]
Just Because You Can Afford Something Doesn’t Mean You Should – Part 1
When I started “Rat Race Off Ramp”, I highlighted a few ways to think about money, saving, and spending. Two of my early posts were “Money and Your Life” and “Spending with a Different Mindset.” In another post, “Are you […]
Can one change in your retirement planning save you over $100,000?
What would you do with an extra $100,000 during retirement? What could you do? – Travel more – Pay for grandchildren to go to college – Buy a ‘Dream’ car – Give more to charity – Pay for a large […]
How are you planning around a military retirement, pension, or social security?
Last week, I wrote about how Roth IRAs are the most powerful retirement accounts. If you’re in the military and saving in an IRA or TSP, or if you will get any pension during retirement (including social security), read this […]