Private Ryan's Savings: Investment Training Essentials for Military Blended Retirement System Participants
Abstract
The 2016 NDAA's creation of the Blended Retirement System introduced a defined contribution portion to the military retirement system. This change increases the investing burden on military personnel, since it requires them to invest prudently for retirement to achieve retirement benefits commensurate with what they would receive under the previous system. This thesis explores investment literature and investment training best practices to identify the essential elements of an investor training program. It then analyzes the sufficiency of Air Force, Army, and Navy investor training programs in light of those elements. The analysis finds current military investor training neither covers the essential investor training elements nor does it reach all military members. Thus, the author recommends DoD create a standardized investor training program that includes all the essential elements of investor training, and provide that training to all military personnel-officer and enlisted.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 30, 2017
- Accession Number
- AD1176618
Entities
People
- Jared B Tanner
Organizations
- Marine Corps University