As a hard working police officer have you ever wondered what you’ve been saving all your hard earned money for? You probably answered with the obvious—retirement. But let’s be more specific; what is retirement? What does retirement mean to those of us in law enforcement? Does it mean quitting your job and spending the rest of our life on a golf course? I doubt you’d be golfing long before you’re just as board with golf as you were at the job you retired from.
I think a better description of retirement for cops is “financial independence.” This means different things to different people, but I suggest it means you no longer HAVE to work, because your money works for you. It does not necessarily mean you quit working, but in a law enforcement retirement maybe you stop doing police work and only do the kind of work you want to do. To get there, you need to have saved enough money so… Continue reading
Police officers are like most people and have no idea how much they pay for investment, insurance, or retirement advice. A lot of people mistakenly assume they receive free advice. Some advisors do not explain their fees and many consumers do not take the time to ask. People in law enforcement, like most people, are usually shocked when I explain how much they’ve been paying in commissions or fees.
Paying yourself first is very common advice you may have heard from financial planners or read in personal finance books. It is common because it is one of the most important steps to being financially independent. The amazing power of this concept is often overlooked because of its simplicity. If you followed only one bit of investment advice during your life, this would be the one that would most likely make you wealthy. 
