When you're on active duty, dental insurance seems essential. After all, most of us grew up visiting the dentist every six months. Lots of us spent quality time with the orthodontist. Frankly, many of us grew up eating a diet high in sugar and simple carbohydrates while perhaps not brushing or flossing often enough. Our mouths became perpetual … [Read more...] about Do You Really Need Retired Military Dental Insurance
Archives for 2016
Retiring from the Reserves or National Guard is more flexible than retiring from active duty. In the vast majority of cases, your retirement is based on at least 20 good years of service. (A "good year" requires a certain minimum number of points or days of drill or active duty as well as complying with other readiness requirements.) You'll be … [Read more...] about What You Need To Know About National Guard Retirement
The other day, I just finished my last spring physical readiness test (PRT) for the Navy. As I finished my second-to-last fitness test, I celebrated to myself—one more PRT, and I’m done! My entire career, I’d thought of the PRT as paying rent—every six months, you pay up. You don’t get credit for doing any more (not in the Navy, at least). … [Read more...] about Four Ways Physical Fitness Impacts Financial Fitness
The Veterans Administration approved my "fully developed" disability claim-- in less than three months of processing. This post stands by itself, but I'm going to skip the beginning of the story. If you want to read the earlier posts in this series then you can click on these links to learn why you should file your VA disability claim, then what … [Read more...] about What Happens After Your VA Disability Claim Has Been Approved
It's been eight months since USAA launched their Financial Readiness Score service, and I took the opportunity for a followup interview. Susan Owens, the AVP for Enterprise Advice Implementation, dug up the statistics and shared the insights that USAA will gradually roll into the new versions of the program. USAA has over 10 million members, … [Read more...] about Using USAA’s Financial Readiness Score
Way back in 2008, our daughter reached the age of 15.5 and took the test to earn her learner's permit. She was pretty excited about this modern rite of passage. I was pretty excited about how much our insurance premiums would jump for the next few years. This was before my blogger relationship with USAA, although by then I'd been a … [Read more...] about Reduce the cost of insuring your teen driver with USAA
I've heard from a reader a couple of times over the last few years. Here's their latest question: Hi Doug, I'd like to find a financial planner and see what course correction(s) we have to make based on our current finances. I will be officially retiring in five years but will supplement my military pension by working part-time. We have a … [Read more...] about How Do I Plan Our Finances For The Rest Of Our Lives?
Memorial Day is this Monday, May 30, and in honor of the men and women who gave their lives for our country, many businesses are offering free meals, and discounts to current and former Military. Hooters, McCalisters, MOD Pizza, and 7-Eleven are among the many national chains celebrating Memorial Day 2016, with freebies and discounts. While … [Read more...] about Memorial Day – Free Burgers, Pizza And More For Military
History still repeats itself, but we're still not learning from it. Now we have the Military Blended Retirement System on the horizon... The existing military retirement system has been in place since the end of the last millennium when REDUX ended and the High Three pension was signed into law. The REDUX system was modified to offer a lump-sum … [Read more...] about Beware Of Huge Flaws In The Military Blended Retirement System
A reader writes: Hi Nords, I have a few questions I'm hoping you can help me with. I trust your expertise in these matters. I am currently an E-8 with seven years to go until retirement. I am hoping I make it to 20 years active and can retire an E-9. I'll be 48 years old at that point and don't really want to work a "job-job" after that. My … [Read more...] about What’s The Next Step To Financial Independence?