Retirement – Many service members augment their military retirement benefits with additional savings. When you would like to retire and the lifestyle you would like to enjoy may determine how much additional money you need to save.
Emergencies – Emergencies can happen to anyone, anytime. Make sure an emergency doesn’t become a financial crisis, by having money set aside.
Family Planning – Raising a family is a huge financial commitment; saving for college should begin early. Consider investment vehicles that allow you to put aside money for that purpose on a pre-tax basis.
Financial Stability – Certainly, security for yourself and family is one reason to make the sacrifice to save and invest, but keep in mind it’s about freedom too—the freedom to retire when you want and enjoy the lifestyle you want.