Recent content by Boxkicker

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    Pension Vesting

    You must have 5 years of actual civilian creditable service to get a pension. Like I said, your military buyback goes into effect after that 5 years is up. In your example, you do 5 years civilian service and if you buy back your military time, you would have 9 years retirement credit...
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    Pension Vesting

    You still must do 5 years in the Federal Government as a FERS employee before you qualify to get any type of pension. Your military time (if you buy it back) only kicks in after the minimum 5 years.
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    26, Military, My Retirement Plan

    BLS, I am a retired TAR/FTS. Receive the same retirement as any other Active Duty Navy.
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    26, Military, My Retirement Plan

    ATCguy, that is not true. You need to do 5 years of actual civil service to be eligible for FERS retirement. Upon that time, then your military time (assuming you bought it back) would then kick in for your annuity computation.
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    ... a 37 year old with 7 days to go ...

    Zulik, I loved your post! Made me laugh about the dryer sheets! :) As long as you continue with the zeal and upkeep you provided your business, you will be fine! Keep it up and welcome! Erik
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    Poll-- Who is already retired?

    I guess if that is what is considered "retired" then I am not in that sense. But nothing feels better than getting up and watching the other half and the kids get off to school around 0730 and being able to sit around and do a college course (free I might add because of GI Bill and I get $500...
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    Poll-- Who is already retired?

    What about this... 1) Retired Military :angel: 2) Coach Basketball and Baseball for 3 hours max per day (November-Apr) :blush: 3) Part-Time work at local golf course 10 hours max per week (Nov-Apr):laugh: 4) Part-Time work at local golf course 30 hours max per week (May-Oct):rofl: I...
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    Paying for College?

    Oh, believe me...the salty Chief comes out all the time! I throw my 2 cents in almost daily. My fiance is getting onboard finally. We gave him the ultimatum the other day. Either pick up the grades or he is riding the bus to school instead of driving which is an embarrassment, so we shall see!
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    Paying for College?

    I don't have any kids, but my fiance has 3 teenagers who want to go to college. Even though the oldest failed 2 classes this semester, he still wants to go to college. Not sure how this will all play out, but the reason I joined the Navy was because my parents didn't have the money for...
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    What was/is your dream job?

    So far I am doing what I dreamed about doing... 1) Retired from the Navy after 20 years-8 months 2) Work part-time at the local Air Force Base Golf Course 3) Coaching a High School Baseball team & Middle School Basketball team 4) Going to school working on a Master's Degree in Sports...
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    Cash out TSP/Def. Comp for home purchase???

    I personally wouldn't use my TSP unless I had to. Since I started putting money into the TSP in 2003, I am actually up close to $2K even after the stock market downturn....
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    Cash out TSP/Def. Comp for home purchase???

    Yes, you can roll a 401K into it, but you can't contribute to it just using your paycheck is what I am getting at.
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    Cash out TSP/Def. Comp for home purchase???

    You can't contribute to TSP after you leave service unless you are a government employee.
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    Active-duty military: investing the promotion pay raises

    I am sticking with the MGIB for now to use on a Master's Degree. I can take an 8 week class online and while I pay $825/class and average $100 for books, I will be getting $1026/month. So I will be taking home around $600/mo in my pocket. I like the flexibility of online courses, plus I can...
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    Active-duty military: investing the promotion pay raises

    After my first enlistment, I looked at going officer. The only way I wanted to be an officer was a Supply Officer in the Navy. When I couldn't be guaranteed that anything other than LDO could get me there, I decided I would instead strive for being an Navy Chief Petty Officer. I can tell you...
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