Monthly Archives: February 2016

The Purpose of TSP’s Lifecycle Funds (and Why You Should ‘Set it & Forget it’)

There are a lot of people who wonder what TSP’s Lifecycle funds (or L-funds) are, what they are supposed to do, and how they are supposed to invest in them. This article aims to answer some of these questions and … Continue reading

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Weekend Wrap-up: Military Personal Finance Articles You Should Read (2/19-2/25)

Enjoy this edition of “Military Personal Finance Articles You Should Read.” This blog entry only serves to summarize some of the previous week’s best personal finance articles, blog posts, and other content from a variety of sources so that you … Continue reading

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Thrift Savings Plan Highlights

Normally, I write all of my blog posts, based upon research that I’ve personally done. However, last week I received a letter from TSP’s Executive Director, Greg Long. It accompanied the year-end statement, and is normally the type of document most people throw away with junk mail. However, I actually read it. Moreover, I liked what I read, specifically the Myth/Answer section. In case you missed the letter (or threw it away, like I used to do), I’ve recapped the Myth/Answers below for your benefit. Keep in mind, this isn’t the entire letter, and I’m not sure where you could find a copy of it online. Continue reading

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Why the Thrift Savings Plan Has Plenty of Diversification for Any Investor

This article first appeared as a guest post on Ryan Guina’s Military Wallet. Many people dislike the Thrift Savings Plan (TSP) because they feel it isn’t sufficiently diversified. This is an easy point to make, since TSP has five investment … Continue reading

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Weekend Wrap-up: Military Personal Finance Articles You Should Read (2/12-2/18)

Enjoy this edition of “Military Personal Finance Articles You Should Read.” This blog entry only serves to summarize some of the previous week’s best personal finance articles, blog posts, and other content from a variety of sources so that you don’t have to. The intent isn’t for you to read every single article (although you’re a superstar if you do), but it’s to curate a lot of content into one easily digestible article that allows you to pick and choose the content you want. Continue reading

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What’s Your Five Year Plan?

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. Continue reading

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Three Rules of Thumb for Buying a House (in the Military)

I wrote this article a couple of months ago, which you can find here.  However, I’ve made some changes, because there are some things you will want to take note of in the military. The largest purchase most people will … Continue reading

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Job Risk Mindset After Retirement – How to Mitigate Your Cash Flow Risk

This article is a follow up to my last one about your job risk mindset after your military career ends. If you haven’t read my first article, you might want to read it here before continuing on. In it, I … Continue reading

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Job Risk Mindset After Retirement – What to Consider When Starting Your Second Career

While I normally try to write to people looking to either retire or separate, this article is intended for people who plan to retire. However, there are some items of consideration for separating members as well. This article is the … Continue reading

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Three Tax Considerations for Military Personnel When Selling Your Home

In the military, when you make the decision to sell your home, it can be for any number of reasons: relocation, buying a bigger home, downsizing, retirement/separation, or because it makes financial sense to do so. Whatever the reason for … Continue reading

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