Military Saves Blog
Tips, advice, and the latest news from the savings world.
By Meghan Northcutt, AFC® Candidate
Although the US military is in a drawdown after engaging in nearly 14 years of war, troops remain very active in deployments. Military Times reports that 49 percent of the surveyed active duty servicemembers describe their operations (ops) tempo as increased when compared to the last five years, while 38 percent describe their ops tempo as unchanged. With a large reduction in force size, it is the Pentagon’s intent that troops will maintain a presence in certain regions.
By Beth Perry, Federal Retirement Thrift Investment Board
April is Financial Literacy Month, the perfect time to reevaluate your spending habits. Can saving $100 today mean having $100,000 in the future? It can if you use time to your advantage. The Thrift Savings Plan (TSP), a low-cost retirement plan for military and Federal civilian employees, helps you do that.
The USAA Educational Foundation
If deployment is on the horizon, you need to prepare for any possible life scenario. Part of this preparation is making sure your financial and legal matters are in order.
By Military OneSource
There may never be a bad time to organize your budget and build your savings. Deployment, though, is one of the best opportunities to add to your savings, maybe at a rate that you wouldn't otherwise be able to afford.
By Martin A. Smith, CRPC®, AIFA®, President, Retirement Planning Financial Advisor™, Wealthcare Financial Group, Inc.™
Preparing for or returning from a deployment might cause you to think about critical, last-minute financial decisions that need to be addressed.