Basic Training Tips to Help Service Members Invest Wisely

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You train every day to serve our country, and you owe it to yourself to train for your financial future. That's why the SEC is providing you with some basic training tips on how to invest wisely.

You wouldn't head off on a mission without a plan, right? Well, the same is true for investing. Start right now and set goals for yourself and your family, and then make a plan to achieve those goals. You can use the SEC's Savings Goal Calculator to see how much you need to save each month to meet your goals.

A fast and easy way to save is by setting up automatic contributions to the Thrift Savings Plan from your paycheck. Get on MyPay to sign up for TSP or to increase your saving percentage. This can help your money grow over time and can be an important part of your retirement plan. And if you're opting into the Blended Retirement System in 2018, you can get free money through employer matching contributions. Who doesn't want free money? Learn more at the Department of Defense's BRS page and MilitaryOneSource, or talk to your unit's financial specialist.

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