Timothy Sumer

Please Like, Comment, and Share my videos! 🔔 SUBSCRIBE HERE 🔔 Be sure to check out my entire video playlist on Military Finance and Investing topics: 👇 👇 Watch My Other Videos Here 👇 👇 ★ Be a Military Millionaire - Use Your Government TSP ★ Know Your TSP - The Thrift Savings Plan Investment Funds G/F/C/S/I ★ Military Officer Pay - What does a Lieutenant make? (O-1/O-2) 📷 📷 My YouTube Equipment 📷 📷 ► My Camera 👉 ► My Wide-Angle Lens 👉 ► My Wireless Microphone 👉 ► My Shotgun Microphone 👉 ► My Lighting 👉 ► My Light Diffusers 👉 ► My GorillaPod 👉 ► My Tripod 👉 ► My SD Card 👉 ================ 📚 📚 Books That Changed My Life 📚 📚 📗 How to Win Friends & Influence People 👉 📕 Dumbing Us Down 👉 📘 Quiet - The Power of Introverts 👉 📙 The Red Queen 👉 📔 Alexander Hamilton 👉 📒 A People’s History of the United States 👉 ================ In this video I give the example using the Blended Retirement Calculator on the defense.gov we

Life as an Armed Forces Member. This video is an overview of retirement accounts, how they can be used and how to invest in your Thrift Savings Plan or civilian 401K.... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Military life comes with a lot of challenges, but one of the biggest challenges is financial planning for the future. Since military families often have to move frequently and deal with deployments, it can be difficult to create a stable financial situation. One way to start building a solid financial foundation is by enrolling in a Thrift Savings Plan (TSP) or 401K. The Thrift Savings Plan is a retirement savings plan for federal employees, including those in the military. It allows participants to invest a portion of their income into various funds, including fixed-income securities, stocks, and bonds.

Thrift Savings Plan mistakes happen more than most of us would like to admit. If you’re actively saving money in your Thrift Savings Plan, you’re doing the right thing. Saving for your retirement is the critical part, but sometimes mistakes happen. If you don’t catch and fix them, it can cost you money and delay reaching your retirement goals. I cover the top Thrift Savings Plan mistakes people make and, more importantly, how you can make them better. More on TSP mistakes More on the TSP G Fund ⋯ Find & follow me Newsletter ː Instagram ː Twitter ː LinkedIn ː ⋯ Listen to my podcast Military Money Show ː Check out my blog The Military Money Expert® ː ⋯ My videos are intended for education and entertainment. I do not give investment advice. ⋯ Lacey Langford, AFC®, is a financial coach, writer, and speaker who changes people’s mindset from being fearful of money to having control and confidence with it. Money + military is her jam. She’s the founder