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Why Retirement Points are Important

Why Retirement Points are Important

Retirement points are important but they’re also confusing as all get out. Points can help or hurt the money you earn in retirement. So they’re very important to know about and understand!

 

John Cooney is a CFP (R), Enrolled Agent, and a fee-only financial planner who founded Green and Gold Financial Planning to help people make smarter financial decisions, develop confidence in their financial situation, and live more financially secure lives.

 

John is a graduate of West Point and a 20 year US Army veteran. When not working with clients or attending his drill weekend, John enjoys being outdoors with his wife and two boys, cooking, running, and cheering on the Boston area sports teams.

John breaks down what retirement points are, who they’re for, why they’re important and how they impact your military pension.

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Retirement Points Episode Details

  • Retirement point basics
  • How points impact your retirement
  • Ways to earn more points
  • How active duty time contributes to reserve retirement
  • The importance of tracking your points
  • How to calculate retirement points
  • Common mistakes to avoid and best practices

Related content: All Things You Should Know About the TSP

Retirement Points are Important Resources

More on retirement: How to Make the Traditional vs. Roth TSP Decision 

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These notes may contain links to our affiliate products or services, which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion.

If you want to “kickstart” your finances in the military, you can get access to my free Financial Kickstart Kit here.

 

Retirement points are important to help determine your future income. Here's what you should know about your retirement points.

 

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