Military Pension Plus Blended Retirement System

"The military pension gives people an excuse to not contribute toward their retirement, so when they do retire, they have nothing in their TSP."

Money Marching Order 4: Body Armor
3-6 Months of Net Pay from LES

Money Marching Order 5: Pension Plus
If in Blended Retirement System
- 30 y/o > Invest 10% into TSP
- 30 y/o< Invest 15% into TSP
If in Traditional Retirement System
- 15% into TSP

TSP Funds to invest in
70% in the Common Stock (C Fund)
20% in the Small Cap (S Fund)
10% in the International Fund (I Fund)
Stay away from Lifecycle and G/F Funds!!

Blended Retirement System
- Defined Benefit- 40% pension @ 20 yos
- Defined Contribution (match)- 5%
- Continuation Pay- Paid between 8-12 yos
- Lump Sum Option at retirement age

SEE my interview on About Face Podcast
https://youtu.be/JuJFpu9gQEs

Connect with me
www.instagram.com/timmemak