Military Saves Blog

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Tips, advice, and the latest news from the savings world.

Golden egg in a birds nest with a slip of paper in it reading "Retirement"

Tips for a Successful Mission

Retirement Military Saves Week Blended Retirement System
Written by Guest Blogger · 28 February 2018

By Kevin Driscoll, CFP®, VP, Advisory Services, Navy Federal Financial Group 

It’s great to see saving for retirement was the top goal for Military Savers in 2017. It’s top of mind once again as the Blended Retirement System rolls out for service members this year. So, how do we turn our retirement savings goals into reality?

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Yellow sign reading, "What's your plan for retirement?"

Four Ways to Maximize Your Retirement through the Blended Retirement System

Retirement TSP Military Saves Week Blended Retirement System
Written by Guest Blogger · 28 February 2018

By The USAA Educational Foundation

As of January 1, 2018, the new Blended Retirement System (BRS) took effect for eligible service members. The plan includes a smaller 20-year military retirement annuity, automatic and matching contributions to the Thrift Savings Plan (TSP), a mid-career continuation pay component, and lump-sum distribution options at retirement. Here are four ways you can maximize your retirement with the Blended Retirement System.

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Clear jar with a piece of tape on it saying, "Emergency"

Emergency Savings

Emergency Fund Emergency Savings Military Saves Week
Written by Guest Blogger · 26 February 2018

By Operation HOPE Jena Roscoe, Senior Vice President, Government Relations, Public Policy

NOW is always the time to strengthen your financial preparedness for disasters and emergencies.

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Pink piggy bank wearing glasses sitting on top of a keyboard.

Challenge Yourself to Increase your Savings in 2018 by Saving Automatically

Automatic Savings Military Saves Week
Written by Guest Blogger · 26 February 2018

By Andia Dinesen, AFC ®, VP Communications & Operations, Association of Military Banks of America

Set a goal.  Make a plan.  Save automatically.  These simple instructions and theme for Military Saves Week could help you reach your saving goals in 2018.

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Woman looking at phone and smiling while holding a blue piggy bank in her left hand.

What the Heck is the Best Way to Save?

Automatic Savings Military Saves Week
Written by Guest Blogger · 26 February 2018

By Lacey Langford

This week I have a reader question, and he wants to know, What the heck is the best way to save? 

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Tip of the Day

  • Written by Guest Blogger | March 21, 2014

    Having emergency #savings may be the most important way to stay afloat financially. 5 Tips on how to start one: http://ow.ly/rswS2

Saver Stories View all »

Involving Kids in Family Finances

Written by | April 19, 2019

 

One of the best lessons we can share with our kids is about money. By middle school, kids should have a good understanding of how money works as well as the importance of saving.

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Setting a Goal Leads to Success

Written by Super User | May 24, 2019

Growing up, Marisa’s dad had always talked about saving first, but she said she didn’t really internalize it until much later. “I was drifting along with no plan, carrying a little bit of revolving debt, saving some money here and there, but without a real plan for it.”

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How Smart Financial Decisions Can Create Opportunities 

Written by | November 22, 2019

Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019

Of the many stories Military Saves shares, most describe how someone was in dire straits financially and worked their way out of it with the help of Military Saves. This time we want to highlight a different kind of story. This is a story about how responsible financial decisions can build on one another to create opportunities you thought only the super-rich enjoy.

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