My Military Millions Portfolio
At Military Millions we have a few authors and pseudonyms. I’m still in the military so I’m known as “Still In” and I write most of the articles. “Was In” was in the military, and he handles the IT, fixes toilets, and writes the After Action Reports. As we approach the 1 year anniversary of Military Millions, I realize I’ve never given you a detailed look at my own portfolio. Let’s do that today and scratch your inner financial voyeurism itch.
THE COMPLETE PORTFOLIO OF STILL IN
I’m not going to give you dollar amounts, but percentages.
My financial assets from largest to smallest include: (all percentages are rounded to the nearest whole percentage)
- 39% – My military pension – I’m a 17 year O6 select committed to the military until year 21. As you can see, the net present value of my pension is my largest financial asset, which is the main point of this site. If you want to get rich, just stay in.
- 13% – My Thrift Savings Plan (TSP) – Currently invested in this proportion:
- 11% – My taxable mutual funds, which is where I put our retirement savings when I fill our retirement accounts. It is currently invested in:
- 10% – My paid off house.
- 8% – My wife’s TSP, which is invested in exactly the same proportions as mine is.
- 7% – My wife’s Roth IRA, which is invested in:
- 6% – We have two 529 plans with Vanguard invested in their aggressive age-based portfolio.
- 4% – My Roth IRA, which is 100% invested in the Vanguard Total International Stock Index Fund Admiral Shares (VTIAX).
- 1% – Cash, which includes our emergency fund invested in the Vanguard Prime Money Market Fund Admiral Shares (VMRXX).
- 1% – My wife’s individual 401k, which is 100% invested in the Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX).
- 0% – My wife has a very small 401k that is invested in a ridiculously expensive S&P 500 index fund, selected because it was the cheapest fund available among the expensive options available to her.
None. Aside from credit cards we pay off every month, we’re debt free, suckers!
Overall Asset Allocation
The Bottom Line