Thanks, guys! RT @Elle_CM Wonderful TweetJam! Thanks @jjeffrose @Marcdiana3 for hosting #RetireeNextDoor
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#military #vets RT @MarcDiana3 Stick w/ #RetireeNextDoor and tell us what topics you’d like to discuss during our next Tweet Jam #Finance
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RT @elliekay A6 #Millennial Advice: #Military fund SDP-Savings Deposit Program at 10% while in combat zones. #RetireeNextDoor
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Q6: #Military #Millennials? A6: Try to maximize contributions to your military Thrift Savings Plan, 401(k)s, and IRA(s). #RetireeNextDoor
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MT @leislooski A6 DON'T lease a car! Save money; pay for cars with cash whenever possible and make them last 10+ years. #RetireeNextDoor
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Q6: #Military #Millennials? A6:Track spending, make a plan, automate it, save as much as can! Save promotions/pay raises. #RetireeNextDoor
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MT @the_kate_holmes A6: #Millennials - we can't make up for time. Start saving now and raise 1% of your salary every 6 mos. #RetireeNextDoor
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RT @MarcDiana3 Question 6 is coming up #RetireeNextDoor
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MT @elliekay A5 #SaveMoney: Check auto insurance every year; ask existing provider to match savings. #Military go to #USAA #RetireeNextDoor
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MT @FinLifeFocus #RetireeNextDoor A5:put your resources on high value items, let go of low value spending. Know what you care about!
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#military #vets RT @CarolynMcC A5 Take better care of your health - will keep expenses down in the long run. #RetireeNextDoor
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Q5: How find extra $$ to save? A5: Figure out what brings you value in spending; cut out the waste spending (=no value). #RetireeNextDoor
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MT @MarcDiana3 Q5: 60% of successful retirees budget. Tips on saving for #retirement w/o drastically changing lifestyle? #RetireeNextDoor
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Esp w/ #military pension. MT @moneywisdoms A4 Being too conservative with investments, esp w/ interest rate environment. #RetireeNextDoor
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Not just anybody! RT @elliekay HELP! I need somebody! RT @cathycurtis A4: Mistake: Not getting help when you need it #RetireeNextDoor
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MT @TheMylesMoney Q2: "Enough" depends on your definition of financial independence. "Can you walk away from your job?" #RetireeNextDoor
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#military #vets RT @AverageJoeMoney A4.1 "Long term care won't happen to me." #RetireeNextDoor
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Q4: Mistakes? A4: Failing to track spending, failing to plan. Not thinking about what they'll do all day in retirement. #RetireeNextDoor
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#military #vets RT @MoneyCrashers A4 Assuming you will be in good health your entire life #RetireeNextDoor
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RT @jjeffrose Q4 What are the most common mistakes you see when people plan for retirement? #RetireeNextDoor http://twubs.com/RetireeNextDoor
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Wait for it!! RT @Roger_whitney A4 NOT PLANNING
#RetireeNextDoor
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A bit of annuity (SPIA, SS) is good. But diversify assets-- index funds too. RT @casner #RetireeNextDoor value of annuity vs index funds?
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Or your spouse! RT @jjeffrose A3.2 Don't invest your money into anything that you couldn't explain to your grandma #RetireeNextDoor
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Q3: Best advice about retmt planning? A3: Track your spending, make a plan, and put it in autopilot! #military #RetireeNextDoor
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RT @MarcDiana3 Q3 What is the best advice you’ve heard/given about #retirement planning? #RetireeNextDoor http://twubs.com/RetireeNextDoor
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RT @AverageJoeMoney A2.1 - Don't plan on work during "retirement." Who knows what your #military #vets health will be like? #RetireeNextDoor
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Q2: How much to save? A2: Try to maximize contributions to your #military Thrift Savings Plan and your IRA(s). #RetireeNextDoor
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Q2: How much to save? A2: Forecast your retmt spending, and save 25x that amount. Adjust when you're within 5 yrs. #RetireeNextDoor
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RT @jjeffrose Q2 How do you determine how much you need to save for retirement? Is $1M enough? #RetireeNextDoor http://twubs.com/RetireeNextDoor
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