Hello fellow mustacheans.
So I'm in the US Army, with about 3 years left to go on my 6 year contract. I will be getting out, at age 29, with some luck under my belt (i.e. GI bill to go BACK to college, VA loans for homes, etc.)
My current situation/debts/investments are as follows:
Making roughly $30K a year pre-tax, $2,680/month post tax
Single
OWN my 2009 Honda civic as prescribed by MMM's auto buying article
$13,000 in bank savings sitting
$13,000 remaining in student loan debt @ $500 per month payments
Savings in Thrift Saving Plan @ $8,300.00 @ $210 invested per month
Roth IRA through ICMARC: $9000.000 @ $200 invested per month
My current plan is to hopefully pay off the student loan debt, currently capped at 6% and lower, when I am able to have a reserve account for emergencies and bills in the amount of $6000.00. So hopefully by years end I will do that, and then thereafter for the next two years I will have nothing but savings coming my way.
Where should I focus my next investment strategies? After military, I'm not sure where I'll be going but I want to find a higher paying job in the civilian field, if not, Japan.
Should I invest in Vanguard when I have the funds, and if so, which fund and how much?