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Can You Retire on $1 Million? Here’s How Far It Will Go

From the U.S. News & World Report website

Becoming a millionaire seems like a surefire way to live comfortably. However, if you are no longer working, just how long will a million dollars last in retirement?

The financial technology company SmartAsset looked at average household expenses and found that, nationwide, a $1 million nest egg should last 23.46 years. That assumes a real return of interest on the savings minus inflation. 

Since costs can differ dramatically throughout the country, the company then adjusted expenses based on the cost of living in 232 cities. The results showed retirees in New York City would deplete $1 million in 10.21 years, while the cash would last 32.26 years in McAllen, Texas.

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Review Your Finances Now to Keep on Track in 2021

From the Kiplinger website

It’s time to do a year-end financial review and set your path for 2021. You’ll make sure your savings and investments are aligned with your goals, reduce income taxes, and ensure you’ve dotted your i’s and crossed your t’s.

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Check Six – 2004: Finance & Personnel Technicians

Private photograph – used with permission

Robert Snyder, an finance technician with the 154th Wing retired in November 2004. The full time finance and personnel staff members posed for this photograph, one of the many gifts Bob recieved at his retirement dinner.

Robert Snyder served in the Comptroller Office for many years before his retirement in 2004. He was a Title 5 employee who was known wore shorts and colorful socks every day. Sadly, Bob passed in 2014.

Check Six: December 1977 Kūkā‘ilimoku

The Kūkā‘ilimoku is the official e-newsletter of the 154th Wing, Hawaii Air National Guard. The first issue came in September 1957 and continues as an e-newsletter today. 

Today we feature the December 1977 Kūkā‘ilimoku issue. This issue includes the following stories:

* Legislative Committee forming

* Citizen Band (CB) Radio Service Rules – did you have a CB in your car?

* HANG Airman of the Year: MSgt Ronald Izutsu, 154th Supply Squadron

* Maj Eddie Anderson‘s DIS*N*DOT column: some familiar names

Review the entire the December 1977 Kūkā‘ilimoku issue

What to know about vision loss

From the Medical News Today website

Vision loss refers to either complete or partial loss of vision. Depending on the cause, it may occur suddenly or gradually over time, and in one or both eyes. Some types of vision loss are temporary or reversible.

Vision loss is relatively common. According to the Centers for Disease Control and Prevention (CDC), vision problems are among the top 10 disabilities in adults, and one of the most prevalent disabilities in children.

The CDC estimate that 12 million people age 40 or older in the United States have some form of visual impairment, including over 1 million people who are blind.

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Medical Myths: All about hypertension

Diego Sabogal design from the Medical News Today website

From the Medical News Today website

According to the Centers for Disease Control and Prevention (CDC), in the U.S., around 45% of adults have hypertension. Because there may be no associated symptoms, many people do not know that they have high blood pressure.

The World Health Organization (WHO) report that an estimated 1.13 billion people have high blood pressure worldwide.

Despite hypertension’s increasing prevalence, it is still widely misunderstood.

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Check Six – 2012: Old Friends

Retiree News photograph

This photograph shows Cathy Inouye, Stephen Lum, and Robert Inouye. They were attending the retirement luncheon for Eli Ichishita at the long closed Hee Hing Chinese Restuarant.

Cathy retired from the Hawaii Army National Guard after serving many years as a State employee. Bob worked full-time for the Army Guard. After retiring, he returned as a contractor, and retired from that position a few years ago.

Steve retired from the Army Guard and continued as a State employee in the State Public Affairs office until his State retirement. He was instrumental in the publication of the Pupukahi, and the Department’s annual reports.

Check Six: December 1985 Kūkā‘ilimoku

The Kūkā‘ilimoku is the official e-newsletter of the 154th Wing, Hawaii Air National Guard. The first issue came in September 1957 and continues as a monthly newsletter today. 

Today we feature the December 1985 Kūkā‘ilimoku issue. This issue includes the following stories:

* HANG Awards Banquet

* CAMS News & Views: lots of familiar names

* Retirements: Richard Settsu, Donald O’Day, George Oshiro, William Mossman, Arthur Lee, Simanu Afoa

* Promotions: including Melvin Taira, Randall Lum, Michael Cadang, Claesen Apo, Karl Kaneshiro, Jason Higashiona

New Pay Schedule

Review the entire the December 1985 Kūkā‘ilimoku issue

Scams likely to heat up after COVID-19 vaccine rollout

From the USA Today website

Sometimes, scam alerts get out there to warn consumers about an ongoing trouble spot – such as a flurry of robocalls from someone pretending to be from DTE Energy and ready to shut off your heat or someone pretending to be from Amazon or Apple support as you’re shopping online.

Other times, consumer watchdogs want to get the word out ahead of the curve. They’re not hearing from upset consumers just yet, but they know that scammers are waiting in the wings and ready to pounce.

Enter the warnings about scams and COVID-19 vaccines. Limited supplies of some vaccines could be out before Christmas – but again, we’re not talking about a wide supply. And it’s expected that frontline health care workers will get vaccinated first.

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Parts of Yongsan Garrison Among a Dozen US Military Sites Being Returned to South Korea

Parts of Yongsan Garrison and the former headquarters of Stars and Stripes in Seoul are among a dozen U.S. military sites that will be returned to South Korea by U.S. forces, according U.S. and South Korean officials.

The decision, which did not include timelines for the handovers, was made during a virtual Status of Forces Agreement Joint Committee meeting involving both nations December 11, according to a statement that day.

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Check Six – 2001: Hawai‘i Air National Guard’s Honor Guard

Hawaii Air National Guard photograph

Thanks to Darrell Bactad for identification help and these comments.

This is one of the early photos of the Hawai‘i Air National Guard’s Honor Guard. This was about 2001/2002. We just did a photo opportunity with 154th Wing Public Affairs Office because it was the early years of the Honor Guard.

In the photograph are:

Standing: Dane MinamiRobert LeeMatt VidaurriMark Coulbourne, Steven WongJason CashmanSid Tabion, KC DunhamReymil EdralinEdward Samson

Kneeling: Darrell BactadRose AderBrian TakafujiThomas Chock


Thanks to all the Airmen who served with the Hawai‘i Air National Guard’s Honor Guard through the years. Their presence at ceremonies, especially funerals, add to the significance of the event. Again, thanks for your service.

Check Six: December 1993 Kūkā‘ilimoku

The Kūkā‘ilimoku is the official e-newsletter of the 154th Wing, Hawaii Air National Guard. The first issue came in September 1957 and continues as an e-newsletter today. 

Today we feature the December 1993 Kūkā‘ilimoku issue. This issue includes the following stories:

* HIANG Award winners: lots of familiar names

* CAMS News & Vies: lots of familiar names

* Commander changes announced

Review the entire the December 1993 Kūkā‘ilimoku issue

DFAS Retiree Newsletter: December 2020

The December 2020 Retiree Newsletter is now available online.  It contains all the information you need to help you prepare for and navigate your way through the coming tax season.  We include availability dates for tax statements, information to help you obtain reissues on your tax statements if you misplace them, information that will help you keep your myPay account current, and information regarding updating your Federal Tax Withholding.

The biggest news this quarter for survivors is the upcoming changes to the Survivor Benefit Plan that will eventually eliminate the offset for surviving spouses who are also receiving Dependency and Indemnity Compensation (DIC) from the Department of Veterans Affairs (VA). 

Plus, make sure you check out our articles on this year’s Cost of Living Adjustment for Retirees, and CRDP/CRSC Open Season.

We also include information from our branch of service partners, including the Air Force Assistance Fund Charities, Army Emergency Relief Support, and Armed Forces Retirement Homes.  Finally, we include an article from TRICARE regarding Tricare Select Group A Retiree Enrollment Fee Payments.

December 2020 DFAS Retirement Newsletter

Protecting Your Brain Health During the Pandemic

From the nextavenue website

All those precautions you’re taking to stay safe during the pandemic? Ironically, they might be putting your brain’s health at risk.

“Our heavy reliance on technology, not seeing family and grandkids, putting off doctor’s appointments, not going to the gym and a lack of physical touch, of socializing, and of purpose – all lead to ‘negative neuroplasticity,’ the potential to accelerate the risk for cognitive decline,” says former U.S. Surgeon General Dr. Richard Carmona, now distinguished professor of public health at Arizona State and the author of “30 Days to a Better Brain.”

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