Saturday, February 18, 2012

For a military member, what is the best retirement plan?

I am wanting to start a retirement plan, and I am 22 right now. Any links, or info on retirement for military members?For a military member, what is the best retirement plan?The TSP is your best bet - has very low fees and decent rates of return. Start putting 10% in and increase it every-time you get promoted or a raise. You'll learn to live on less than you make and have a tidy sum of money when you do retire.For a military member, what is the best retirement plan?You should look into TSP, traditional IRA's and Roth IRA's. TSP is a government equivalent to a 401K plan in many ways. IRA's are for almost anyone.

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