Tag Archives: retirement

Five Fundamentals of Fiscal Fitness #1: Pay Yourself First

Fundamental #1: Pay Yourself First This article, “Pay Yourself First,” is the first in a five-article series that discusses the Five Fundamentals of Fiscal Fitness, designed as a basic starting point to help you take control of your finances.  If … Continue reading

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Retirement Journal (1 Year and Counting)

So, today is Monday, May 2.  As of yesterday, I officially have one year until my planned retirement ceremony.  With that said, I wanted to update you on two significant events since my last retirement journal entry. So, I went … Continue reading

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Ten Questions With Spencer Baker

A couple of weeks ago, I asked the Military In Transition Facebook Group whether it would be worthwhile to read articles based upon other peoples’ experiences. It seemed that the overwhelming response was in line with my thinking. After talking with a lot of people about their retirement story, I realized that each conversation gave me a little bit of perspective about my own story. This inspired me to start an article series to share the stories of some of the people I’ve talked with. I hope that reading these stories puts a little bit of perspective into your life as you write your own transition story. Continue reading

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Retirement Journal – 400 Days & Counting Down

Today is March 23, which means that tomorrow (March 24) marks 400 days until my retirement ceremony date of May 1, 2017.  The other day, I was talking with Jeff Rose, CFP®. Jeff is the creator of the Good Financial … Continue reading

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Terminal Leave: Take it or Sell it Back?

There are any number of articles out in the web-space about whether you should take terminal leave upon retirement or separation, vice selling back your unused leave. Ryan Guina’s Cash Money Life article is a very good primer on why this should be considered on a case-by-case basis, and why each decision on whether to take terminal leave is a personal one. Continue reading

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TSP’s Lifecycle Funds: What You Need To Know

There are a lot of people who wonder what TSP’s Lifecycle 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 provide a … Continue reading

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Thrift Savings Plan Highlights from Director Greg Long

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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Five Year Plan-Why It’s Important For Every Military Family To Have One

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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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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