#67 - essential financial planning tips and discover valuable resources like the VR&E program

Tune in for expert guidance and support from military veterans who have successfully navigated the journey themselves. https://militaryretirementpodcast.com/resources Join John and Victor in this insightful podcast episode as they explore the essential steps for a smooth military retirement transition. Covering personal stories, financial planning tips, and practical advice, they provide valuable insights on maximizing TSP contributions, managing debt, and utilizing the VR&E program. Learn how to declutter and embrace minimalism, discover key resources like MillCon Money 2024, and get answers to listener questions about career planning post-retirement. Timestamps:00:00 - Intro01:00 - John and Victor introduce the topic of military retirement and what listeners can expect in this episode.Personal Stories and Experiences03:37 - a story about the hectic week of moving and settling into a new home.06:20 - the challenges of dealing with accumulated stuff and the minimalist rule he follows.09:15 - donating old military gear and the quirks of thrift shops on military bases.Financial Advice and Strategies15:00 - the importance of decluttering and selling unused items before PCS moves.18:25 - financial planning, maxing out TSP contributions, and living simply.22:50 - How John and his wife managed their finances by living on one income and saving the other.Listener Questions and Answers28:40 - a listener's question about managing debt and financial planning three years before retirement.35:00 - Discussing the VR&E program, its benefits, and how to apply.40:45 - insights on finding and utilizing labor market information for career planning post-retirement.Community Engagement and Resources47:20 - Shoutout to the  @FIREsocialworker  and tips on engaging with military communities.50:00 - Information about MillCon Money 2024 and its importance for military personnel.55:30 - Closing remarks############Links############### 🔗 All of my recording/editing equipment can be found here: https://kit.co/Chief_McConnell/john-mcconnell 🔗 @riversidefm - https://riverside.fm/?utm_campaign=campaign_2&utm_medium=affiliate&utm_source=rewardful&via=john-mcconnell To all the brave men and women out there still protecting our freedom 🇺🇸 🫡 Thank you for your service! some links may result in commissions for the site