Military Saves Blog

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

Should I Stay or Should I Go…Into the Blended Retirement System?

Written by Alecia Blair · 31 October 2018

By Alecia D. Blair, AFC®, Military Saves Director 

Cue the first line of lyrics from The Clash’s 1982 hit song, Should I Stay or Should I Go! For eligible service members who haven’t already made their decision regarding whether to stay in the Legacy Retirement System or go into the new Blended Retirement System, that is the question. And the countdown to decide is on. 

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How to Know If You Have Enough Money to Retire

Written by Guest Blogger · 25 October 2018

By Lauren Minches, Actuary, Blueprint Income

Retirement, from civilian jobs, has become more complicated ever since employers stopped offering traditional pensions. Even worse, there’s an endless barrage of products, advertisements, and commercials trying to “help” you get ready for retirement. There’s enough advice floating around to create thousands of different retirements.

Before deciding which product, investments, or plan is right, you should understand the basic principles and math behind a successful retirement. So here they are…

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Get Prepared for a Financial Planner

Written by Guest Blogger · 24 October 2018

By Rebecca Wiggins, Executive Director, AFCPE®

Do you find yourself struggling to pay off debt, or sticking to your spending plan each month? Are you trying to find extra money leftover so you can begin saving for your child’s college education? Or maybe you are just uncertain of where to start or what questions to even ask?

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Halloween Savings Tricks and Treats

Budgeting Holiday holiday spending holiday savings holiday budget
Written by Darlene Aderoju · 11 October 2018

Halloween is just around the corner, which means it’s time to start shopping for costumes or planning your party! If you’re prepping for October 31, finding ways to save money will be helpful. After all, Halloween is just the beginning of the end-of-the-year holiday rush. Here are five easy-to-follow tricks and treats to help you save money this Halloween.

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Military Service Members "Immediate Actions" for Financial Success

Debt Retirement Investing Financial Goals Savings Goals Blended Retirement System
Written by Guest Blogger · 04 October 2018

By Lori Schock, Director of the SEC’s Office of Investor Education and Advocacy* and Patrick Campbell, Acting Assistant Director of the Bureau of Consumer Financial Protection’s Office of Servicemember Affairs

As a member of the military, you are called to serve every day in challenging environments to secure the freedom and prosperity of our nation. To meet these challenges, you engage in “immediate actions” training to better prepare yourself to respond to all kinds of threats and situations.

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Tip of the Day

  • Written by Katie Bryan | November 22, 2013

    Find places to cut your #spending so that you can pay down #debt faster: http://ow.ly/fzT2h  

Saver Stories View all »

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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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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Making Saving Automatic Leads to Personal Success

Written by Lila Quintiliani | May 27, 2020

Ryan’s savings journey started when he was an active duty airman. Frequent deployments and temporary duty assignments gave him the opportunity to save. By the time he transitioned out of active duty, he had built up a healthy rainy-day fund and had started to aggressively save for retirement.

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