you're reading...
budget, early retirement, emergency fund

Pack Your Chute: 5 Things to do Now to Get Ready for Transition

Whether you are retiring from the military this summer, like I am, or still have years to go, there is value is putting a plan of action in place to be prepared for the transition financially. Sure, discussions of retirement locations, job transitions and career choices are a huge part of the transition, but this article focuses specifically on financial preparation.

  1. Build us a cash reserve
  2. Shore up your life insurance
  3. Set aside a “dislocation allowance”
  4. Consider rolling over your TSP
  5. Transfer your GI Bill benefits
Advertisements

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: