230 likes | 315 Views
This e-book by James D. Redwine provides a comprehensive guide on navigating economic threats and maximizing financial tools to secure your future. Learn investing plans, Social Security benefits, home buying strategies, and more. Equip yourself with essential knowledge to thrive in a changing economic landscape. Available on Amazon and Barnes & Noble.
E N D
Win the Money War E-book: Amazon or Barnes & Noble Face Book: Win the Money War Email: jgredwine@sbcglobal.net James D. Redwine
Purpose • Economic threats • Financial tools • Investing plan • Considerations: • Social Security • Survivors’ Benefit Plan (SBP) • Home buying
Agenda • Situation • Mission • Execution • Service Support • Command & Signal
America Must Cut Costs • National debt = $16 trillion • Soc Sec & Medicare = $48 trillion • Perpetual U.S. dollar devaluation • Print money; Cut benefits; Raise taxes • Riskiest COA = rely on fixed income
Mission • Who: Your family and you • What: Invest to win, not to avoid losses • Where: Discount brokerage & Gov tools • When: Before Gov changes the deal • Why: Econ. threats are forcing changes
Tools • Tax advantaged accounts • TSP (Roth for most; Traditional if high taxes) • Roth IRA • Passively managed funds • Index funds • Index ETF funds • Complementary holdings
Investing Guidelines • Avoid bond funds • Minimize cash holdings • LSI ASAP • Buy & hold
Asset Allocation • U.S. equities (Roth TSP) • Foreign equities (Roth TSP & Roth IRA) • Real estate (Roth IRA) • Precious Metals (Roth IRA)
Historic Returns • 10% U.S. Large Caps • 12% U.S. Small Caps • 10% EAFE • 14% Emerging Markets • 10% Real Estate (REITs) • 3% Gold (Precious Metals)
Social Security • Soldiers pay FICA taxes, thus we get SS • Soldier’s benefits (70% - 124%) • Survivor’s benefits (71.5% - 100%) • Spouse’s benefits (32.5% - 50%) • Tactic: “62 / 70 Split”
SBP • 6.5% premium for 55% benefit • Tax deferred premium • Benefits get COLAs • Life long contract vs. 7-figure disaster • Health? Genetics? Investments?
Buying a House • Live on post: good cash flow + easy exit • VA Loan Prgm: fast, but charges a fee • If buy: 15 year term; 20% down • Brief ownership + minor gains = losses
Monthly Cash Flow * Includes VA funding fee (2.15%).
Summary • Economy & Gov threaten you • Defenses: Roth TSP + Roth IRA • Invest to Win, not to avoid losses • Hold equities: U.S., foreign, REIT, gold • Social Security: soldier, survivor, spouse • SBP: anticipate survivor’s cash flow • Live on post; or 15 yr term & 20% down
Win the Money War James D. Redwine E-book: Amazon or Barnes & Noble Face Book: Win the Money War Email: jgredwine@sbcglobal.net