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. Christmas 1995, ...
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 ...
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— ...
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 ...
My first book, Military In Transition's Guide to the Survivor Benefit Plan, is available on Amazon. Guide to the Survivor Benefit Plan Previously, I wrote about the Military Survivor Benefit Plan (SBP). That article’s primary purpose was to take the ambiguous information that resides on the DFAS website & ...
This article was published a couple of months ago online, but I’ve made some changes specifically to point out how estate planning should matter to you throughout your military career. I was recently at a financial planning conference, when I listened to a presentation by Natalie Choate, a prominent estate planning ...
Members of the Military are charged not only with protecting their country, but their families as well. A life insurance policy helps do this by providing financial stability in case of an unforeseen tragedy. However, military life insurance policies are much different from civilian policies. Civilian life insurance ...
A reader writes: My ex-spouse has in the divorce decree that they're the sole beneficiary from my VGLI. Do you know if I can get another policy under the VGLI for my new family? The answer is complicated because there are so many limits on how much VGLI coverage you can have and when you can buy it. Please keep in ...
We're military veterans, not financial advisors. We're trying to share what we've learned and to pay it forward – but you have to make your own decisions.
What worked for us will probably work for you, but unfortunately, we can’t guarantee it. Let us know if something’s not working for you, and we’ll try to figure out a better way... Continue Reading...
Doug Nordman 
Forrest Baumhover 
The Military Guide