Category: Retirement
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How to use leverage to make more money
…When you have a lot of assets, it is very easy to borrow money. Lenders will practically hand over huge sums of cash, at favorable (low) rates, because they know that if anything were to happen the wealthy have the -
Understanding the Thrift Savings Plan (TSP)
…Your Thrift Savings Plan (TSP) is a unique retirement account for all service members and, just like most things in life, there are many ways to work it. To take full advantage of the savings options and tax benefits available
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How to live a tax free retirement
…One of the biggest challenges to preparing for retirement is planning for taxes. After diligently saving year after year, if you haven’t anticipated your tax obligation, taxes could cost you up to 37% of your retirement savings. Can you live -
Using the IUL for Tax-Free Retirement (and to put your kids through college!)
…Life insurance is not the first thing that comes to mind when thinking about ways to save for retirement. Most people recognize the need to protect their family in the event of an untimely death, but they do not do -
The biggest expense you’ll pay in retirement
…You have spent hard-earned years saving for retirement.
You put a plan in place when you were young, and have had the financial discipline and mental fortitude to follow through. Now it is time to enjoy the fruits of your -
How much money should you put away every month?
…It may surprise you to discover that Financial Advisors recommend saving 20% of your take-home pay every month. In fact, your personal savings rate is more important than any investment return towards building a secure financial future. 20% may not -
Financial Planning Basics for All Service Members
…Just as you begin your military career getting the basics in place, you should start your path to financial independence with the basics too. Being in the military, you are in a special position to save a much higher percentage -
How to protect yourself from a recession
…Planning to avoid severe losses is perhaps the most important aspect of your retirement strategy.
If you had to retire today, could you withstand a 20% blow to your investment portfolio (30% if you count inflation)? Our current market has -
The biggest risk you’ll face in retirement
…Why your sequence of returns matter
A good lesson for any investor to understand is how the timing of your return affects the performance of your investments. This is especially important in retirement, when you are withdrawing from your invested
