Author: Joel Schofer, MD, MBA, CPE
FY21 Active Duty CDR Staff Corps Selections
UNCLASSIFIED//
ROUTINE
R 081239Z OCT 20 MID200000213976U
FM SECNAV WASHINGTON DC
TO ALNAV
INFO SECNAV WASHINGTON DC
CNO WASHINGTON DC
CMC WASHINGTON DC
BT
UNCLAS
ALNAV 087/20
MSGID/GENADMIN/SECNAV WASHINGTON DC/-/OCT//
SUBJ/FY-21 ACTIVE-DUTY NAVY COMMANDER STAFF CORPS SELECTIONS//
REF/A/DOC/SECNAV/09MAR20//
AMPN/REF A IS THE FY-21 ACTIVE-DUTY NAVY COMMANDER STAFF CORPS PROMOTION
SELECTION BOARD CONVENING ORDER.//
RMKS/1. I am pleased to announce the following Staff Corps Officers on the
Active-Duty list for promotion to the permanent grade of Commander.
2. This message is not authority to deliver appointments. Authority to
effect promotion will normally be issued by future NAVADMINs requiring
NAVPERS 1421/7 preparation and forwarding of document to PERS-806.
3. Frocking is not authorized for any officer listed below until specific
authorization is received per SECNAVINST 1420.2B.
4. For proper alphabetical order read from left to right on each line. The
numbers following each name to the right indicate the relative seniority
among selectees within each competitive category. Note: An (*) by the name
indicates the selectee was merit reordered to the top of the promotion list
in accordance with reference (a). Members are directed to verify their
select status via BUPERS Online.
Medical Corps
Ajao Michael A 0021 Ambrosio Art A 0066
Andrews Shalimar J 0100 Annen Michael J 0083
Armstrong Damon M 0015 Barnes Danielle Marie 0101
Bartle Ryan C 0038 Bernstein Kevin M 0095
Bhatt Nikunj A 0078 Biscotti Mauer III 0062
Brill Jason Bradley 0098 Burger John Mcclure 0096
Camarata Andrew S 0016 Carroll Eric Timothy 0084
Clayton Suzanne Dawn * 0003 Cochran Christopher A 0044
Cook Glen A 0058 Cronin William Andrew 0092
Daughtry Mohenish K 0028 Deforest Christine Ann 0088
Dettmer Jonathan R 0069 Dorsam Jillian Marie 0086
Dye Cicely Anne 0070 Ellis Rachel Michal 0059
Esquivel Christian E 0094 Feist Matthew Philip 0050
Finne Huckelberry A 0053 Ford Gavin W 0073
Gizaw Gabriel T 0054 Glerum Steven Michael 0033
Gomez Reynaldo 0039 Gonzalez Aaron Josue 0022
Guggenbiller Mathew R 0099 Halbach Jonathan Leo 0077
Hanrahan David M 0060 Hanson Robert S * 0006
Hardy Curtis Lamar 0093 Hart Kevin Scott 0012
Hartwell James Andrew * 0001 Harvey Amie Luann 0040
Hodges Sarah D 0030 Hopkins Scott Patrick 0036
Horn Adam Robert 0026 Hwang Daniel Sun 0087
Ismawan Johanes M 0061 Jackson Michael L 0089
Johannsen Marc T 0014 Kaviratne Summanther A 0056
Kehoe John Edward 0048 Keith Kevin Dewayne 0019
Keleher Eamon Carrigan 0091 Kemp Tamara Leigh 0080
Knaus Christopher M 0027 Kohan Matthew William 0103
Lee Michael A * 0007 Lewandowski Louis R 0076
Lizardo Radhames E 0082 Lucas Donald Jay Jr * 0004
Macclary Margaret E 0079 Madsen Clifford Marc 0090
Manley Edwin Jr 0023 Markham Gordon T * 0005
Marvin Blake A 0097 Mccluney Brendan J 0072
Mcdonald Victoria S D 0065 Mcgill April Lynn 0042
Mclendon Anne E 0081 Moore Margrette M 0013
Mukherjee Samir T 0032 Needham Kenneth Eugene * 0008
Oconnor Kristina W * 0009 Oldt Robert James III * 0010
Patton Jared Michael 0052 Penn Ashley B 0064
Prescher Lindsey Miche 0085 Robbins Langan Phelps 0025
Roxo Keith Michael 0057 Ruth Nadine Henley 0041
Rutter Robert P Jr 0049 Sakai Brandi Lyon 0068
Sapida Steven Benjamin 0024 Schuett Dustin Jon 0037
Scully Stephenie A 0104 Shrivastava Vikas 0074
Slotto James Gregory 0034 Smark Charles Thomas 0063
Soderlund Karl Anton 0043 Spinelli Joseph 0051
Stickels Paul A 0071 Sturgill Sarah B 0035
Sulaver Randy K 0102 Tarman Daniel Drew 0045
Tillman Brendon G 0067 Torbert Denise Renee * 0011
Tring Visong 0046 Twerdahl Eric H Jr 0031
Vicente Diego A 0075 Vincent Brian Roy 0018
Vo Joseph Van Jr 0029 Whiting Judd Atwood 0020
Willett Matthew C 0055 Williams Lawrence L Jr 0047
Williams Raquel T 0017 Wooldridge Bryan E Jr 0105
Dental Corps
Bakan Natalie Ranee 0005 Beck Jared Cameron 0018
Bischoff Eric L 0019 Boice Joseph Glenn Rob 0025
Bradley Christopher D 0010 Carey Joseph Francis 0008
Chilcutt Sara Ann 0014 Cooper Thomas Gene 0017
Dantonio Tracy Ann 0023 Darcey Caitlin Dora 0028
Dave Rohit Kumar 0022 Estrada Kristen Merced 0027
Hanson Christopher M 0012 Hassell Aaron Glen 0013
Hicks Jason Larnce 0016 Hoyle Jeffrey Thomas * 0001
Hutton Stephen Brett * 0003 Jackson Shawna Lee 0015
Lam Doris Kamay 0009 Lish James Carbery M 0024
Moody Evan Paul 0020 Pakchoian Andrew John * 0002
Quintero David G * 0004 Reddout Nicole Marie 0021
Rosacker Blake Mitchel 0026 Russell Paul Michael 0011
Suguitan Julie K 0006 Verzosa Christopher Ed 0007
Medical Service Corps
Adwell James Paul 0030 Aldrich Garth W * 0001
Baugh Joseph A 0017 Bennett David George 0021
Blair William A Jr 0014 Clapper Stephanie C 0027
Coe Kaarin Elizabeth 0011 Defang Gabriel N 0013
English Matthew Rustin 0032 Fraser John Joseph 0010
Fromknecht Joseph M 0024 Gao Hong 0006
Gourdine Jinaki S 0009 Havens Linda Diane 0031
Henry Shani Kay 0022 Hooten Hannah Lynn 0020
Jansen Brittany Jean 0028 Jenkins Kenneth Russel 0016
Kumar Sandeep 0036 Lagger James Arthur * 0003
Locke Jesse David 0025 Nevins Robert Patrick 0029
Norris Jacob Neal J 0035 Olabode Olusegun A 0019
Osborn Eugene Daniel 0007 Owen Michael Dennis 0033
Quebedeaux Luke P 0034 Reini Seth Andrew 0015
Romanowski Dominic J * 0002 Segovia Francine * 0004
Thoemke Chad Michael 0018 Tillman Jone Latice 0026
Veseyolah Kirsten E 0012 Walker Peter B 0008
Weiss Andrew J 0023 Woody Jessica Noelle * 0005
Judge Advocate Generals Corps
Barletto Bryan C * 0002 Bode Natasha T 0018
Caetano Christina Rose 0015 Carlson Erik Anders 0013
Connors Jason William 0004 Ericson Ross Stephen 0025
Fletcher Christopher M 0009 Fralick Kyle 0021
Harp Tracy Lynn 0010 Hoy Cara Addison 0014
Kadlec Nicholas John 0023 Krigbaum Dayton A 0011
Leary Daniel Breen 0024 Manz Gregory William * 0001
Murray Andrew David 0006 Oconnor Elizabeth A 0007
Pike Jennifer Myers 0017 Pitterson Ayana B 0005
Rasmussen Mark Thomas 0012 Reintjes Christopher M 0020
Sonn Matthew Robert 0016 Stampfli Nicholas B 0008
Waldo Aaron D 0022 Walker Kevin Michael * 0003
Warning David William 0019
Nurse Corps
Abuzeid Colleen L * 0001 Boese Martin Lewis 0018
Cavanaugh Edward R 0020 Gelenter Katherine M 0024
Goodridge Jennifer L 0007 Hall Monica Leigh 0023
Hanhila Judy Oliveros 0005 Jolly Rose Cheri 0013
Mckay Sonya Lynette 0004 Morgan Brenda Sue 0016
Newnam Rachel Elaine 0022 Oquin Colby J 0011
Orzechowski Jessica M 0006 Purcellmullins Heather 0017
Ragle Harley R III * 0002 Reaves April L 0008
Ryals Teri Rene 0012 Schaub Julie Michelle 0019
Stats Stacy Marie * 0003 Tobin Eric Tyrone 0010
Vesey Kimberly Ann 0009 Weiss Christopher Ryan 0014
White Lillian Waring 0021 White Robyn Vernye 0015
Supply Corps
Allen Christopher L 0061 Anderson Lindsay Renee 0017
Baker Jacob Thomas 0023 Bastola Jatan 0092
Biby Jennifer Marie 0054 Bick George Michael 0002
Cabana Reynaldo R III 0044 Chou Lupei 0041
Collins Michael Jason 0049 Cooper Vaughn B 0075
Cozart Joseph Marion 0012 Davis Heidi Marie 0089
Davis James Antonio 0084 Devoe Justin Thomas 0038
Dipaolo Ryan Patrick 0057 Diprospero Michael B 0042
Dremann Blake M 0064 Duncan Matthew Elliott 0031
Dziewiatkowski Craig T 0077 Fernandez Jeffgerard C 0022
Flores Heather Marie 0069 Flynn Melissa Shannon 0067
Foster James Leslie 0021 Gillette Casey James 0097
Gonzales Melissa Anne * 0001 Grennan Jeremy Andrew 0083
Gunter Mark Adam 0043 Hamilton Adam Lee 0034
Harding Joshua Ryan 0010 Harnish Jason Eugene 0095
Hartl Richard Patrick 0011 Hays Brian Hunter 0071
Hayward Nathan Taylor 0058 Hockett Michael C Jr 0005
Hodges Luke James 0048 Holch Alejandra 0037
Hughes Ryan Z 0046 Hull Samuel Asa 0027
Key Michael David 0063 Krenz Jonathan Michael 0056
Kundra Suneet 0015 Labbe Michael David 0035
Lanclos Raymond J III 0032 Langhorne Joshua Luke 0091
Lease Quentin Eugene 0045 Lebel Christopher M 0096
Lee Heather Erin K 0020 Lee Sohnhwa 0062
Leung Jonathan Ben 0006 Lewis David Scott 0019
Lovgren Andrew Charles 0007 Marks Jason Polito 0033
Marsh James Rowland 0025 Mazurek Anne Paine 0003
Mccandless Charles E 0094 Mccleery Gregory Thorn 0009
Mikesell Andrew S 0076 Miller Matthew Lewis 0008
Milligan Howard A 0068 Millner Joshua Mackey 0088
Molnar Alexander S 0016 Montano Stephanie C 0072
Monts Jason Aaron 0080 Muniz Benjamin G III 0086
Nelsonwilliams Arthur 0018 Newsome Eric James 0026
Obrien Raymond D 0078 Olabode John Adebayo 0060
Orozco Roel Kalanoc 0081 Ortman Isaac James 0052
Pagnucco Jonathan P 0090 Peters Brady Robert 0029
Poss Matthew Claywell 0055 Prentiss Jacob Matthew 0014
Raigoza Dominic M 0028 Renquist John J 0073
Riester Peter 0098 Riley Leanne Rose 0059
Romps William David M 0065 Rosas Manuel 0087
Sands Christopher M 0051 Schaefer Matthew J 0079
Schotman Jan Douglas 0036 Secrist John Riley 0047
Shaw Jason Andrew 0013 Slaby Gina Marie 0053
Smutz Joseph Anthony 0093 Staines Frederick Mana 0030
Stickel Ryan R 0004 Stone Garrett Daniel 0024
Suarezvillafane Cindy 0085 Sumner John R 0040
Teter Sean Michael 0050 Valle Michael Benjaman 0039
Vargas Julio Antonio 0099 Welday Kurt Alan Jr 0082
Whiteley Jacob T 0074 Williamson Dante E 0070
Windas Edward Patrick 0066
Chaplain Corps
Allen Raynard 0006 Baker Donald A III 0013
Butlersaeger Autumn E 0009 Cain Kimberly 0008
Clark Genevieve M 0010 Constantine Jason M 0016
Deese David Scott 0011 Duprey David Luke 0012
Gardner Calvin B Sr * 0001 Orris Glenn William 0007
Purvis Bryan Edward 0014 Rudd John Clive 0005
Slaughter Robert Atkin 0003 Smith Paul L 0004
Warne Stephen L * 0002 Williams Marlin 0015
Civil Engineer Corps
Angerman James G 0050 Auger Christian J 0032
Augustyn Michael T 0045 Brown Nicholas C 0017
Casilio John Frank 0046 Christner Brian W 0036
Dill Thomas Jonathan 0023 Elles Dane C 0044
Fosson Edward Ashley * 0004 Galloway James Robert * 0003
Gipson Dallas Aaron 0007 Good Crystine Michelle 0009
Gorman Shawn Christoph 0021 Gutierrez Daniel John 0040
Gutierrez Kathryn Anne 0031 Hamrock Phillip Robert 0008
Hansen Carl A * 0006 Hightower Michael Ray 0041
Horner Jonathan Ray 0024 Jackson Brianna E 0022
James Timothy Philip 0015 Kalish Benjamin E 0010
Kvandal John Douglas 0051 Leftwich Robert W 0018
Lenzer Matthew Joseph 0029 Mazur Kimberly Ilene 0030
Mccharen Robert Eugene 0014 Mcguire Seth Thomas 0038
Mckelvie James B 0033 Milkowski Matthew R 0049
Moerbe Sandranell L 0013 Musser Rachael M 0025
Parks Steven Holland 0019 Patton Jeffrey David * 0002
Penrod Ross Averett 0042 Potts Jeremy Rhymes 0012
Rasbach Austin A 0043 Ruggiero John Victor 0048
Sanchez Marcus A * 0001 Sandmel Christopher Ad 0037
Scharar Tyler Robert 0027 Schechter Jason Andrew * 0005
Schwartz Jeremy M 0020 Shambley James Odell 0035
Smith Riley W 0016 Syre Robert Mark 0026
Thrun Ryan Wayne 0034 Turner Joshua Aaron 0047
Woodward Billy Dewayne 0039 Wyckoff Chester John 0028
Zukowsky Joseph Morgan 0011
5. Released by the Honorable Kenneth J. Braithwaite, Secretary of the
Navy.//
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CLASSIFICATION: UNCLASSIFIED
Throwback Thursday Classic Post – Thrift Savings Plan Fund Deep Dive – The C Fund
There are only five investments available in the Thrift Savings Plan (TSP), so let’s take a detailed look at them one at a time. First, we’ll cover the C Fund, which would probably be the fund you would pick if you were only allowed to pick one.
Inception Date
29 JAN 1988
Fund Management
The Federal Retirement Thrift Investment Board currently contracts BlackRock Institutional Trust Company, N.A. (BlackRock) to manage the C Fund assets. The C Fund remains invested regardless of the performance of the securities markets or the overall economy.
Investment Strategy
The C Fund is invested in a stock index fund that fully replicates the Standard and Poor’s 500 (S&P 500) Index, a broad market index made up of the stocks of 500 large to medium-sized U.S. companies. The C Fund’s objective is to match the performance of the S&P 500. Also, some of the money in the C Fund is temporarily invested in the G Fund and earns the G Fund return.
The C Fund is a passively managed fund that remains invested according to its indexed investment strategy regardless of stock market movements or general economic conditions.
What is the Risk?
Your investment in the C Fund is subject to market risk because the prices of the stocks in the S&P 500 Index rise and fall. You are also exposed to inflation risk, meaning your C Fund investment may not grow enough to offset inflation.
What is the Benefit?
Historically, this increased risk has been rewarded with an increased return. It offers the opportunity to experience gains from equity ownership of large and mid-sized U.S. company stocks. Here is all the performance data as of 3 OCT 2020:
Types of Earnings
The C Fund changes in value as the market price of its stocks change. In addition, the C Fund makes money for its investors when those stocks pay dividends. Unlike a traditional mutual fund, though, income from dividends is included in the share price calculation. It is not paid directly to participants’ accounts.
It also makes some money on interest on short-term investments and securities lending income.
BlackRock credits interest and dividend income each business day. This income is then reflected in the TSP share prices.
Share Price Calculations
The value of your account is determined each business day based on the daily share price and the number of shares you hold. At the end of each business day, after the stock and bond markets have closed, the total value of the funds’ holdings (net of accrued administrative expenses) is divided by the total number of shares outstanding to determine the share price for that day. The daily change in TSP share prices reflects all investment income (interest on short-term investments, dividends, capital gains or losses, and securities lending income) net of TSP administrative expenses.
Expenses
The net expenses paid by investors is 0.042% or 4.2 basis points, which like all the TSP funds is ridiculously low and is a major benefit of the TSP. It cost $0.42 for each $1,000 invested.
How Should I Use the C Fund in my TSP Account?
The C Fund can be useful in a portfolio that also contains stock funds that track other indexes such as the S Fund (which tracks an index of small US company stocks) and the I Fund (which tracks an index of international stocks). The C, S, and I Funds track different segments of the overall stock market without overlapping. This is important because the prices of stocks in each market segment don’t always move in the same direction or by the same amount at the same time. By investing in all segments of the stock market (as opposed to just one), you reduce your exposure to market risk.
The C Fund can also be useful in a portfolio that contains bonds. Again, it is because the prices of stocks and bonds don’t always move in the same direction or by the same amount at the same time. So a retirement portfolio that contains a bond fund like the F Fund, along with other stock funds, like the S and I Funds, will tend to be less volatile than one that contains stock funds alone.
Advice from My Favorite Short Investing Book
Here is what my favorite investing book, The Elements of Investing: Easy Lessons for Every Investor, says about S&P 500 index funds like the C Fund:
The best-known of the broad stock market mutual funds and Exchange Traded Funds (ETFs) in the US track the S&P 500 index of the largest stocks. We prefer using a broader index that includes more smaller-company stocks…Funds that track these broader indexes are often referred to as ‘total stock market’ index funds. More than 80 years of stock market history confirm that portfolios of smaller stocks have produced a higher rate of return than the return of the S&P 500 large-company index. While smaller companies are undoubtedly less stable and riskier that large firms, they are likely – on average – to produce somewhat higher future returns. Total stock market index funds are the better way for investors to benefit from the long-run growth of economic activity.
If you want to follow their advice, you just combine the C Fund with the S Fund in a 3:1 ratio. To see how I use the C Fund, read the Crush the TSP series.
COVID-19 Travel Restrictions Installation Status Update, Oct. 7, 2020
Here is the latest update:
Learn About Irregular Warfare
When you are preparing for interviews for positions in the Navy, you want to have read recent strategic guidance. Here are some recent updates on irregular warfare:
Great Power Competition Can Involve Conflict Below Threshold of War
Irregular Warfare Annex to National Defense Strategy Made Public
Here’s a Defense News article that discussed these issues as well:
Irregular warfare strategies must move beyond special forces, Pentagon says
Check Your Fund Expenses
Jonathan Clements was a longtime personal finance columnist for The Wall Street Journal, and he offers great advice at the best price you can get (free) on his blog Humble Dollar. Here is one piece of advice from his site:
CHECK YOUR FUND EXPENSES. If you own index funds, aim for weighted average annual expenses below 0.2%. If you own actively managed funds, you’ll pay more—but allocate enough of your portfolio to index funds to keep your average below 0.4%. By holding down costs, you’ll keep more of what you make, plus low-cost funds typically outperform high-cost competitors.
In the military, we’re blessed with the Thrift Savings Plan (TSP) and its industry leading low expenses. Outside of the TSP, if you want to keep your costs down you should just invest with Vanguard. Their unique structure makes them a non-profit, unlike their competitors, so no matter what you invest in you know it will be among the lowest cost investments available. Admittedly, though, there is a price war and you can find the same funds for even lower costs at Schwab and Fidelity.
Whatever you invest in, take the time to look up the investments at Morningstar. Just type your investment in the search bar at the top and check the expense ratio. As an example, I typed in VTI, which is the Vanguard Total Stock Market Exchange Traded Fund (ETF). The expense ratio of 0.04% is circled in red:
As Mr. Clements mentions, if the expense ratios for index funds are more than 0.2% then you are paying too much. You should try to keep the total expense ratio of all your investments less than 0.4%.
Why Didn’t More GMOs, UMOs, and Flight Surgeons Promote to O4?
I’ve been asked this question multiple times since the FY21 LCDR promotion board stats came out. Many looking at the stats noticed these facts:
- The overall in-zone promotion rate was 83.19%.
- The rate for GMOs, UMOs, and Flight Surgeons were all lower than this:
- GMO – 66.67%
- UMO – 40%
- Flight Surgery – 42.86%
This seems to argue against the recent advice to “go operational” to successfully compete for promotion. What gives? The following is my best guess, and it is a guess. I was not on the board, and if I was I wouldn’t be able to talk about it.
Let’s look at the typical career path for a Medical Corps LT who does GMO, UMO, or Flight Surgery:
- Year 0 – Graduate from medical school and put on LT.
- Year 1 – Finish internship and go GMO, UMO, or Flight Surgery.
- Years 2-4 – Do a 2-3 year operational tour.
- Years 3-4 – Match in a residency program.
- Year 5 – You are in-zone for LCDR.
If in year 5 you are still a GMO, UMO, or Flight Surgeon, you probably haven’t matched in a residency either because you can’t or you’ve chosen to pay back the 3-4 years you owe the Navy and get out. In the latter case, you may have approved resignation orders in the system, which the promotion board will see on your record.
This timeline is obviously not applicable to anyone with prior service, entry-grade credit, or an abnormal promotion timeline, but it is applicable to the majority of Medical Corps LTs. For example, I did internship, 1 year as a GMO, 3 years of residency, and then was picked on-time/in-zone for LCDR, which I put on as a staff Emergency Physician. Back in the day, I showed up in the stats under Emergency Medicine. Anyone in a residency will show up under their specialty’s statistics.
Bottom Line – Why didn’t more GMOs, UMOs, and Flight Surgeons promote to LCDR?
Again, this is just a guess, but if you are in an operational billet your 5th year you either can’t match in a residency or are getting out, both of which do not portend well for promotion.
Takeaway – Your primary job and career goal as a LT is to match in a residency program that will lead to board certification. You can always “go operational” later. Spending too much time in the operational setting can lead to difficulties promoting.
On-Line Global Health Training
Please see the message from the Global Health Engagement Office:
GHEO is committed to providing educational opportunities for our GHE community. While the COVID-19 pandemic continues to put in-person trainings on hold, there are an abundance of online trainings available. On Milsuite you will find a list GHE-related trainings that you may take online:
https://www.milsuite.mil/book/groups/navy-global-health-engagement
If you are aware of any additional trainings that are not included on this list, please send them to our office for inclusion.
V/r,
CAPT Huddleston
Director, Global Health Engagement
BUMED Liaison to USAID
Office of Global Health Engagement (M52)
Finance Friday Articles
Here are my favorites:
- 6 Fixed-Income Options for a Low-Yield Environment
- Anchoring & Adjustment in the Stock Market
- Seems So Easy
- True Wealth
Here are the rest of the articles:
- Analyzing Winning Mutual Funds
- Buy One Property a Year and Retire Early
- Can I Employ My Spouse?
- Five Reasons I Like Hanging Out with Millionaires
- How to Buy a Second Home that Pays for Itself
- How to Deal with High Anxiety Due to the Election
- How to Find an Emerging Real Estate Market
- International Stocks & Asset Location: Is Taxable or Tax-Advantaged Best?
- Is Refinancing Your Student Loans the Right Move?
- Low Income Doctor in a High Cost of Living Area
- Not Exactly True
- Student Loan Advice: 7 Rules of Thumb
- The Arrival Fallacy
- The Coming Psychological Revolution in the Housing Market
- The Importance of Automating Your Real Estate Investments
- Wanting a tax deferral opt-out a ‘reasonable issue,’ says Trump official
- What to Do with Suboptimal Assets in Your Portfolio
- What You Need to Know About Ground-Up Multifamily Development
COVID-19 Travel Restrictions Installation Status Update, Sept. 30, 2020
Here are the latest updates:
Joel Schofer's Career Planning Blog 