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I'm saving for my first home, and need some advice... [View All]

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SKKY Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:17 AM
Original message
I'm saving for my first home, and need some advice...
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Here's my situation:

I'll retire from the Military in 5 and a half years.

In March of next year, I'll get a nice sized bonus (30K ish).

I currently put 15% of my income into the Governments Thrift Savings Plan.

I could probably afford to put up to 25% of my income into investments.

Shortly after I retire (withing 2-3 months), I'd like to purchase my home.

Any strategies you can recommend would be hugely helpful.
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  -I'm saving for my first home, and need some advice... ALiberalSailor  Oct-23-06 05:17 AM   #0 
  - well - first congratulations on upcoming retirement  DrDan   Oct-24-06 11:54 AM   #1 
  - A couple of things i can suggest.....without breaking any rules!  A HERETIC I AM   Oct-24-06 07:08 PM   #2 
  - one other technique that I forgot in my earlier post  DrDan   Oct-25-06 06:31 AM   #3 
  - Thoughts...  Sammy Pepys   Nov-16-06 09:56 AM   #4 
  - well - let me challenge #3  DrDan   Nov-17-06 06:37 AM   #5 
     - I like "money in the bank" better  Sammy Pepys   Nov-17-06 02:12 PM   #6 
  - Congratulations Shipmate  BOSSHOG   Nov-20-06 10:25 AM   #7 
 

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