Wow, Nords..
I'd suggest treating your military career one obligation at a time. Plan your finances for the long term, but be ready to leave active duty when the fun stops. It could be a clean break to civilian life or you could consider the Reserves/National Guard.
"Save & invest for your...
Thank you all for you responses!
Tim, we were doing extremely well; however, last winter we ran into a family emergency where we had to take out $30K from our savings/investments for a family member...:face palm:
I just got back from a deployment and was able to invest more money this past...
Hello all. Looking for some insight…
27 yo married to a DW
Retirement Investment sum $30K
Emergency Savings established
Military Income at roughly $84K (will promote Christmas Eve)
Only Debt is a car payment at $349 per month for 36 mo. (Honda Accord)
My plan is to serve at least 20 yrs in...
Wow, thank you all tremendously for your responses. I sincerely mean that. Nords-so if you were in my shoes, you would first max out the TSP @ my current allocation and then when I get promoted with the addition $, contribute to a Roth (500 index fund) and change my TSP allocation to mostly I...
Hello All,
I discovered this great site and wanted to seek some advice from those who are FIRE'd or on their way to becoming FIRE'd. I am 24 a 2d Lt. in the US Air Force. I am currently contributing 15% to the TSP @:
C fund: 60%
S fund: 20%
I fund: 20%
total so far in TSP: 5k
I worked...