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  1. P

    Prior MC enlisted to AF officer pay?

    I did 4 years active duty in the Marines e-1 to e-4 and now e-5 in the irr (if that matters at all). I am currently using the post 9/11 GI bill to fund my education and am starting Air Force rotc in a few weeks in hopes to commission. Am curious when all said and done would the Air Force O-1 pay...
  2. H

    Sell rental house with 3% int rate to put equity in the market?

    I have a house I bought in St Petersburg FL in 2018 for 215k and refied during covid for 3% interest. Currently renting it out the last few years since I PCS’d making about $450 a month after everything. I currently owe 180k on the house and it’s valued around 380k. I have 9 years left on AD...
  3. N

    19 y/o college student in the military. Any advice?

    Hi, I'm a 19 y/o college freshmen looking for some advice. To start, I have a regular Checking account with chase with about $850 and a chase savings account with $7,500. I'm enlisted in the Army National Guard and currently doing part time service one weekend a month. I make just under $1,000 a...
  4. L

    Help me figure out if I should keep VA Disability Pay or Drill pay while on reserves

    I'm 100% P&T that's $3621 a month. I am considering rejoining the Air Force Reserves as an E5 w/ 7 years time in service. That's is $456 per drill weekend(4 days of active pay) vs $482 ( 4 days of VA disability pay). Am I better off "Keeping" the VA Disability or Military Pay for those 4...
  5. M

    E-5, 9 years, 30% going to TSP should I change anything about my contributions

    Hey everyone since the new year had started I wanted to know if I should change anything around for my tsp. The link below is a picture of my TSP.
  6. B

    TSP to pay debt?

    Super quick background details: E6 with 9+ years, “High 3” retirement, married with one kid, TSP: $22,000 So me and my wife ended up in a rough situation where we were in the middle of moving into our new home and then had to pay for multiple funerals out of pocket and having to handle some...
  7. R

    28 Y/O thinking about joining the military (air force or army)

    Edit : I just want to thank everyone who has shared their experience and advice. I was honestly thinking that I would receive a lot of negative feedback/no don’t do this which to my surprise, has not been the case. I cannot wait to start this new chapter in my life and see where this adventure...
  8. L

    Realistic Officer Retirement Questions

    Happy Sunday / Mother’s Day! I was curious for those who retired at the O-5+ level. How is life retired? Was it hard getting VA %? Any tips for a Junior Officer debating if military retirement is for them? What was your realistic net worth when you did retire? Thank you for your service & time...
  9. L

    What should I do with my reenlistment bonus? Getting the full tier 9 80k lump sum

    Current plan is to pay off ALL debt and start from scratch. But wondering now if it’s better to invest some and pay off some. Outstanding debt Approx 40k in 2 vehicle loans. Loan 1 approx 10k at 3% Loan 2 approx 30k at 4.6% Wife’s student loans Approx 19k at 4.04% Credit Card debt CC 1...
  10. M

    How much house can I afford with 100% P&T as my main source of income? + roommates + Gi Bill during semesters

    Young Vet need advice for first time home-purchase Currently, I use my GI Bill with around 2 years of school remaining until I get my bachelor's of Computer Science. My mother is blind and I was likely going to claim her as a dependent as I care for her so I may have a little bit of help from...
  11. J

    Do you use your own formula for funds or do you lean towards L funds?

    Hi, I’m 25 years old, I joined back in June 2021 when I was 24. I’m currently putting 8% into my TSP and 12% into my Roth IRA. (Total 20% of my pay) My current blend is C: 35% S: 28% I: 17% F: 3% G: 2% L 2050: 5% L 2055: 10% I basically leaned towards the most high risk/high reward funds...
  12. B

    Do I Qualify for a VA Loan After Having 4 Jobs In 2022-2024?

    Hey everyone, so I am trying to see if I qualify for the VA loan under these conditions: I have had 4 jobs since I got out of the military. I've currently been in this job for almost 9 months and will be moving into another position here soon (same job but different squadron). I make almost 60k...
  13. A

    TSP 5% Matching

    Hello, This is going to come off as a dumb question but I’ll ask anyways. Is there a way to verify if your investments are being matched? From my understanding if 5% of your base pay is invested all year then up to 5% will be matched by TSP. I’ve been pretty poor at investing into my TSP...
  14. R

    H&R Block “Tax Prep” cost question

    Does it always cost to file taxes at the end? I’m filing my taxes now and finished up using H&R Block I have the milonesource premium version. Am I paying due to me and my wife having 2 different states filing? Along with 1099s and our W2s?
  15. F

    Pay off debt or beef up savings?

    Hey all, so I’m in a little situation and I’m not sure the best way to tackle it. My goal is to pay off debt and save up for a house when we PCS. I’ll be PCSing in roughly Oct 2024 so I’ve got some time. I also am not completely sure how much money I should be expecting to pay out of pocket when...
  16. M

    [TSP traditional to roth] GS-7 what to do with $8,000 from first year of TSP contributions

    hello all, i’ll keep this as transparent as possible. i’m very new to finance and investing, so my logic of thinking here may be skewed and feel free to add any corrections where i could be wrong. i’m a new hire GS-7 and will go 7-9-11 within the next two years and throughout my career i...
  17. R

    MyPay and Tax Withholding

    I've just completed and sent in my tax returns for this year and got an estimated refund. As much as I like refunds at the end of the year, I'd like to stop giving interest-free loans to the government. I'm using the IRS Tax Withholding Estimator to reduce my future refunds for next year but...
  18. M

    Great Americans, Where should I retire?

    I have done 20 plus years and I am wondering where I should retire. I expect to get at least 10% VA disability but probably not 100%. I do not have any jobs or school plans lined up, and due to health concerns, I would like to be near a major US hospital and a military base that has a pharmacy...
  19. S

    TSP Allocation Question

    Currently an E4 in the BRS system with 3.5 years in active duty & will be active until at least 2029. 10% Roth TSP contribution since I joined & I’m wondering what everyone’s favorite TSP allocation is. I’ll be 25 this year and have almost 9K in my account, admittedly I’ve been hands off on my...
  20. Z

    Tsp question

    I recently sold my house at a huge profit in conjunction with a PCS. At my new assignment I will not be buying a house. So, I have $100K I’d like to invest. In 5 years I will retire from the military and I’d like to use the money as a down payment on a home at that time. In the meantime I’d...
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