Understand retirement savings options and how to save

Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Death of a Life Partner
Military Life

Depending on the number of years you served in the military, you may be entitled to a pension.

For those receiving a benefit, some find the pension isn’t sufficient to maintain their lifestyle and wished they had saved more.

Regardless of receiving a pension, participating in the Thrift Savings Plan (TSP) and understanding the basics of retirement planning will help solidify your financial future.

The following resources may assist you in understanding retirement savings options and how to save:

Saving for Retirement

Thrift Savings Plan Guide

Guide to Investing 101

Taking the Mystery Out of Retirement Planning

Military Life Tasks

1. Budgeting finances
2. Reducing debt
3. Finding housing
4. Protecting against risk
5. Managing taxes
6. Saving for education
7. Preparing for retirement
8. Updating your estate plan
9. Explore Your Benefits

Preparing for retirement Subtasks

1. Understand retirement savings options and how to save
2. Recognize the power of compounding
3. Visualize life after the military

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