Here’s our capstone post for the year: our family's estate plan. I’ve spent the last 11 months writing about the ways that our Nords family financial independence is changing. Now we’re reaching far into the future to simplify not just our lives, but our legacy for the next few generations. My spouse and I have had wills since college. … [Read more...] about Family Estate Planning For Your Disability
I’m finally ready to write about distributing my father’s estate. As many of you may remember, Dad passed away in November 2017 after more than nine years with Alzheimer’s Disease. For over six of those years, Dad was in a full-care facility while I handled his finances. It only took a few six months to handle his estate and finish his … [Read more...] about “I Inherited Money And Now I Can’t Blog About Financial Independence Anymore”
Will your retirement plan stand up to long-term care needs? Do you have an estate plan in place? These are topics that few of us want to discuss. However, they are extremely important to your family's long-term stability. Today, we’ll discuss some important considerations for your long-term financial stability— and how you can take action … [Read more...] about Will Your Retirement Plan Handle Long-Term Care Needs? How Your Genome Impacts Disability, Caregiving, And Estate Planning
[We’re trying something new with this post. Please scroll down to the bottom for my short podcast interview with two USAA managers about these topics!] Oooh, I almost forgot my traditional FTC disclosure: The Federal Trade Commission fears that I've lost my objectivity and become a USAA fanboi. My family and I have been USAA … [Read more...] about USAA’s Digital MilEx: Hurricane Readiness and Augmented Reality Vehicle Shopping
I get many questions about USAA’s services & products. After six years of their financial conferences and dozens of interrogations interviews of their executives, I think I’ve learned enough about their business model (and the insurance industry) to help you navigate your choices. My spouse and I have been USAA members since 1981, and now our … [Read more...] about The Big Picture On Insurance: USAA’s Annual Reports
This was the best conference yet! For those who are just joining us, last month I polled people's questions about USAA's insurance and financial programs. I brought those issues to the Digital Military Experience with USAA's Communications team, other program managers, and several executives. But first, it's time for another … [Read more...] about USAA Answers Your Insurance And Financial Questions
[Nords note: if you're finding this post via a search engine, here's the followup post with USAA's responses: USAA Answers Your Insurance And Financial Questions] It's almost that time of year again! The San Antonio summer is cooling off (a little) and on 19-20 September I'll be USAA's guest at Digital Military Experience … [Read more...] about What Questions Should I Ask USAA At Digital MilEx?
My social media has lit up this year with complaints about vehicle insurance. It seems as if every military family who's transferred to a new duty station has paid more money to insure the same autos and the same drivers. Even families who haven't moved (yet) are unhappy when they renew their policies: more money for the same coverage. It's not … [Read more...] about Your Auto Insurance Premiums Are Rising, But It’s Not Just You
This post is brought to you by Daniel Kopp, an Air Force officer and founder of MilitaryLifePlanning.com. If you're interested in contributing at The-Military-Guide.com, please see our posting guidelines. [Nords note: this post was updated on 4 March 2017 with a direct link to the DoD's PSMC website as well as a sample statement. Scroll down … [Read more...] about How Much Is Your Military Pay Really Worth?
USAA is cutting the rates on their new life insurance policies. Let me explain why in less than 1800 2000 words-- but it’s all good. I’ve learned a lot about insurance over the last 30 years, and it’s a necessary evil. We buy it to help ourselves (and our families) recover from disasters, and we only keep it as long as we need it. Everyone … [Read more...] about Lower Life Insurance Premiums From USAA