Through my talks with servicemembers about the BRS and retirement savings, I've found that many are uncertain when it comes to the Thrift Savings Plan (TSP) fund options. Many people simply chose a Lifecycle Fund, set it, and forget it without really understanding the components that make up those funds or the riskiness of the … Continue reading Thrift Savings Plan Decoded!
Unless you're a hipster that lives in a converted van (I've got no beef, good on ya!), most of us want a piece of the American Dream...to own a home of our own! For many of us that dream may seem like it may never be more than that. However, though I'm not saying it's … Continue reading The Average Joe’s Guide to Buying A House
We are just shy of a month since the launch of the DoD's new Blended Retirement System (BRS). Now, it's time for Active Component Service members with fewer than 12 years since their Pay Entry Base Date, and Reserve Component Service members who have accrued fewer than 4,320 retirement points as of December 31, 2017 … Continue reading The Blended Retirement System and Your Opt-In Decision: Should You Stay or Should You Go?
We're less than a month away from the start of the Blended Retirement System (BRS) and all military branches have now released their Continuation Pay Rates for 2018 with the Air Force being the last to do so with their announcement a couple weeks ago. All branches went with the same multiplier, year of service … Continue reading Air Force Continuation Pay Rates Released