xaarman

Sorry, no BRAC allowed.

I'm curious. I'm an AETC IP right now, so wonder if that is being taken into consideration at all (no indications of, but can't kick too many AETC IPs out or it will have second or third order affects.) Still no word on FAIPs or Captain-type UPTers. Who knows, maybe they've thought about it all... or not.

It says at the top of the Officer Matrix "‐ 11X and 12X eligibility is determined by an officer's Rated Distribution and Training Management (RDTM) Code" What is a Rated Distribution and Training Management Code?

https://www.osi.af.mil/news/story.asp?id=123376164 Probably not quite the publicity he was looking for.

True statement. Cross-country time means-- (vii) For a military pilot who qualifies for a commercial pilot certificate (except with a rotorcraft category rating) under § 61.73 of this part, time acquired during a flight (A) Conducted in an appropriate aircraft; (B) That is at least a straight-line distance of more than 50 nautical miles from the original point of departure; and © That involves the use of dead reckoning, pilotage, electronic navigation aids, radio aids, or other navigation systems. https://rgl.faa.gov/Regulatory_and_Guidance_Library/rgFar.nsf/FARSBySectLookup/61.1

Renting is not throwing away money, especially if you're in a location for sub 4 years. To make up closing costs, taxes, and potentially new major expenses (roof, new furnace/water heater/AC etc) you need to stay longer term. Secondly, at my first duty station, a lot of the new Lts bought new construction housing... which was cool, until it came time to sell. They paid a premium for new construction, except 4 years later, houses were still being built. They couldn't sell to the next person who wanted new construction, yet couldn't all make up the new construction premium. Most broke even or lost a little. Third, build up an emergency fund. Your vehicle could need a new transmission, a family member needs help or whatever else may come your way. Common numbers are 3-6 months living expenses. Fourth, open and max out a Roth IRA every year. Call Vanguard and until you get smart, dump everything into their Target Retirement Fund 2060 or whatever year is your flavor. Finally, do the TSP or Vanguard account on your own. Day man recommends ETFs, I recommend Vanguard Index mutual funds due to the auto reinvest feature over the next 40 plus years. Each company and fund has their own benefits, see the Personal worth thread for reading recommendations. Good luck!

Keith Tatlock (ANG MX Officer) was in my SOS class and an all around stand up guy. I picked his mind every chance I got. https://www.nefgllc.com/ecard.cfm?ID=84274

Here ya go! edit: removed because it was marked FOUO. If you missed it, PM me your .mil address.

CDs have already been discussed. If you want a completely hands off approach, consider your non emergency funds in the Vanguard 2040 fund here: https://personal.vanguard.com/us/funds/snapshot?FundId=0696&FundIntExt=INT It is diversified, and will reallocate the percentages between domestic, international and bonds to be less risky as 2040 nears. It also has a very low expense ratio, but you will have to pay capital gain taxes on any profits if you set it up in a normal brokerage account. Finally, Morningstar did a study and found that expense ratios are the single biggest predictor of mutual fund performance, even better then their own Star rating system: https://personal.vanguard.com/pdf/morningstar.pdf - while I do agree with their findings, they only studied 2005-2008, so you can't use this one single study to validate a 50 year retirement plan. You can however, use the Four Pillars of Investing book which comes to the same conclusion. -- On a second note, here's a good comparison between Mutual Funds and ETFs: https://www.fool.com/investing/etf/mutual-funds-v-etfs.aspx It's key to note that ETFs are a huge advantage when dealing with mutual funds that have high expense ratios or actively managed funds that buy/sell a lot. However, Vanguard index funds have such low expense ratios that it makes that point moot. To buy/sell ETFs, you incur normal stock brokerage fees, and the dividends pay cash into your brokerage account which will require more fees to reinvest. Mutual funds are designed to auto-reinvest their dividends, saving you the fees that could add up over 40+ years of reinvestment.

For those of you looking to get smart on long term retirement saving/investing, I can't recommend this book enough: https://www.amazon.com/gp/aw/d/0071747052/ref=mp_s_a_1_1?qid=1388770069&sr=8-1&pi=SY200_QL40 I am a Boglehead, subscribe to the thought of long term, diversified, low expense ratio index funds are the key to success. I'll post more, but on iPhone currently.

Just so we're clear, that's not me - it's our current subject's favorite opening line to every brief/comment at SOS.

"As a graduated Squadron, Group and Wing Commander..."

That's one of the hilarious things... last time at 1.25 multiplier, depending on rank/TIS, you actually made more money staying in getting RIF'd collecting the extra 4 months of pay then accepting VSP.

Slight delay from the 19th release date:

It would also leave RND with no flying mission

Uuuuuugggggggggggglllllllllllyyyyyyyyyyyy

Are they 1.2s?

I seem to remember him saying "If an officer is less then 6 years TIS we don't have to pay em, but if they have more then 6 but they had to get cash (IVSP/VSP)" - has six years always been the cut off for being paid out vs nothing?

IIRC from Lt Gen Jones, you can separate people with less then 6 years TIS and not pay them (RIF) but after 6 years you had to pay them (VSP.)

https://gum-crm.csd.disa.mil/app/answers/detail/a_id/25484/kw/force%20management/p/8%2C9

https://www.airforcetimes.com/article/20131205/NEWS/312050023/Crew-inexperience-fatigue-led-C-17-runway-mishap Not an AMC guy, but this caught me off guard: Weren't C-17s overmanned like crazy like not too long ago? Talk about the pendulum swinging, not that I'm surprised.

To be fair, Liquid had a professional and universally agreed upon stance with regards to how the Safety process is disseminated, and was going to recommend the changes. Also, going up the chain about LTs asking about Masters completion instead of how to kill the bad guys on their first deployment, etc. So there is some good coming out of this...

So... If I'm flying a 12 hour sortie out of an undisclosed location in Southwest Asia, am I allowed to talk about my ATP then? Or should I be bringing work on the jet so it's 100% business 100% of the time. Just wondering, I don't want a N/N Ground Eval when I land.

^ best post, most realistic except for the no airline talk. I have read probably 10 memoirs of people in the military, and every single one of them complains of bad leadership, too much bureaucracy and stories of people who resign in protest. Que the Dear Boss letter here... Somewhere there is a happy balance, whether it's the airlines (which we will talk about, I need to get my ATP here) or staying for 30+, it's a discussion that will happen in groups, but the decision will be made individually. No General is going to stop the conversation, especially in the next 5 years.

Talk about dating yourself... "Back when Reagan was president..."