Today on Radical Personal Finance, we answer a question about how this listener, who's a retiring

naval officer, can integrate real estate into their portfolio.

Pat writes in and says this, Joshua, I'm a fan of the show and a naval officer.

I have some questions on overall investing strategy.

I have close to 17 years in the Navy and will likely retire at 20 with a full pension, which would be about $55,000 per year before taxes,

and I currently have $440,000 in retirement savings for my wife and me split between Roth's and the TSP.

We have over $140,000 in college savings for my two children, 8 and ten years old. We plan on also transferring

my GI Bill, which will essentially pay for one of their college

educations, and we have about $30,000 in taxable accounts.

We are selling our house in Norfolk, Virginia this year.

It's been a rental for five years, but we were moving from Tampa to Jacksonville, where I will

take command of a destroyer there.

So my question, I am looking at getting into real estate

investing and slowing down retirement savings over the next five years from about

$25,000 per year to $12,000 per year, maxing out Roth's and putting the minimum in the TSP.

I'm curious to hear your take on my overall situation and real estate investing writ large.

Ideally we'd put about $40,000 to 50,000 dollars into things this year, either buy and

hold type rental properties or a flip, and then snowball any earnings, plus about $30,000 annually

over the next four years until I retire to set up passive income sources.

Thanks.

Well, Pat, what a phenomenal situation you are in.

This is a prime example of how to effectively use the military

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