A reader writes: Hey Nords! Hope all is well. Update: I got denied for TERA and promptly got an assignment (my first choice) 24 hours later, so I can't complain too much. Question for you if you don’t mind. I’ve got SGLI and a $100K policy on my wife as well. I’ve generally steered clear of life insurance. What’s your opinion on the topic? … [Read more...] about How Much Life Insurance Do You Need?
Archives for June 2014
1% Pay Raise Coming In 2015 Earlier this year the President and the Senate Armed Services Committee published the National Defense Authorization Act (NDAA) of 2015. The latest version of the NDAA contains a 1% pay raise for the military, which will be the standard raise until 2018. The 2015 Military Pay Chart goes into effect on 1 January 2015, … [Read more...] about The 2015 Military Pay Chart
Introducing The USAA Car Buying Service. USAA's Auto Circle List Your Car Additional Features of USAA's Auto Circle One of the most critical steps you can take toward financial independence is minimizing the cost of the big purchases -- like homes and vehicles. Buying economical vehicles and maintaining them for their entire service … [Read more...] about USAA Auto Circle: An Online Service To Help Buy Or Sell A Car
[Note: anyone can sign up for an account with USAA's investment products, and you do not have to be a USAA member. Their website says "Our focus always has been and remains the military community, but USAA investment products are available to the general public."] USAA's investment services will soon get even better: they're adding a new … [Read more...] about Coming Soon: New USAA Brokerage Services
[Nords note: I've known Ben for nearly a decade. He achieved financial independence on active duty and retired a few years ago. He was confident in his financial planning (it's better than mine!) and he was pretty sure that he'd find plenty of things to do all day. However, he wanted to see what he could do in a civilian bridge career, and he … [Read more...] about Reader Update: From The Military To Bridge Career To Retirement