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From the day you join the military, you’re already counting down the days until you are faced with the decision of should I stay in for the pension. Everyone has to decide at some point. But that’s a big choice for everyone and one that can have significant financial impacts. There are also things to consider, like family life, education, future employment, and mental health in your decision.
Grumpus Maximus has a new book out to help you make that decision. It’s called “The Golden Albatross: How To Determine If Your Pension Is Worth It.” Grumpus is a retired U.S. military officer, husband, father, blogger, and first-time author. Grumpus and I talk about deciding to stay in or get out of the military.
Thank you to the Financial Coaching Business Builder (FCBB) for supporting The Military Money Show. You can learn more about how the FCBB course can help you build a profitable and portable financial coaching business here.
More on the TSP: How to Make the Traditional vs. Roth TSP Decision
More on retirement: Understanding the Funds in Your TSP
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