Less than a week ago, US News published an article in the Smarter Investor section titled 7 Threats to your retirement. While the article thoroughly discusses some of the threats to retirement, such as job switching, early retirement and lump sum distributions, that are, in fact, valid threats to the ability of average Americans to […]
Conversion from retired reserve to internal rate of return
Chapter 6, Section II, of AR 140-10, states that a soldier can move from retired reserve to ready reserve. They can convert to a TPU or IMA unit or to an IRR. This transfer must be voluntary. However, during times of emergency or mass mobilization, soldiers in the Retired Reserve are subject to mobilization. It […]
Oracle 9i OCA and OCP Certifications Retired – What Does It Mean?
Oracle Education announced the retirement of several certification tracks on March 13, including the OCA and OCP Database Administration certifications at Level 9i. 9i has been effectively outdated since Oracle released 10g in 2003, so those tracks are set to be pulled. With retirement, none of the exams leading to any of the 9i certificates […]
Retirement community in The Villages, Florida
Smack-dab In the heart of Central Florida, this beautiful retirement community offers a lifestyle of nothing but sun and fun for retirees. With homes ranging from every type of budget, The Villages is the Florida community you’ve waited your whole life to live in. Complete with its own coin system and golf cart fairways on […]
Transfer from the Army Reserve to the Retired Reserve
Form B-41, Application for Allocation or Attachment to a Reserve Component (Application for Assignment to Retired Reserve), in USAR PAM 600-5, provides you with a checklist of what is required in a retirement application package. This checklist starts with a header that asks for your name, rank, Army email, your unit, UIC, POC unit contact […]
Births and retirement – when did the crisis begin?
Lately, every so-called analyst has started talking a lot about the financial crisis pending in the retirement of baby boomers. And the outlook for the future looks the same in all of these “studies”: When this generation begins to retire en masse, around 2011, the (Social Security) pension system will collapse. There are some differences […]
Oracle 1Z0-147 Exam Is Retiring: What Does It Mean for Me?
Oracle Certification announced the withdrawal of several exams on March 13, including 1Z0-147: Software with PL/SQL. This exam meets the PL/SQL component to become a Certified Oracle PL/SQL Developer Partner. Originally developed while Oracle 9i was the current database version, there has been speculation for some time that this test would be discontinued. As of […]
Wealth management and retirement planning
Wealth management planning refers to retirement and pension planning as an integral part of your wealth. Working your whole life means you deserve a happy retirement life free from financial worries. Some concerns that may be encountered are: What is the amount required for retirement In the event of the death of the partner, what […]
Retirement plans and estate planning
Retirement plans (eg, pension plans, 401(k) plans, employer-created IRA plans, etc.) account for the majority of assets held by most Americans. Plans that meet certain statutory requirements under federal ERISA enjoy favorable tax treatment in order to promote growth and provide a comfortable retirement for the account holder. For example, the account holder is allowed […]
Retirement Income Portfolio Management: The Plan
The reason people assume investment risk in the first place is the potential for a higher “realized” rate of return than would be achieved in a risk-free environment… eg an FDIC insured bank account featuring compound interest. Over the past ten years, such risk-free savings has not been able to compete with riskier mediums due […]