Today's post revisits the subject of caring for the financial independence of your loved ones. There's nothing here about military retirement, but I'm very glad that our aggressive savings and low-cost lifestyle have enabled us to retire from military service without a bridge career. As all too many of us Baby Boomers ...
USAA has offered their "savings goals" calculator since January, but they've recently expanded it for students & parents. They've released a very detailed education savings planning tool that greatly simplifies the data crunching and the fund selection. The Education Savings Planner is part of ...
Here's a frivolous topic for Thursday morning before the weekend. A few weeks ago a shipmate asked a seemingly innocuous question: Are there any rules or guidance on having a swim call on a sub? Can the CO take a swim? The Corpsman? Submarines on local operations or doing exercises on weapons ranges occasionally have ...
Thanks to Brandi for her comments on an earlier post, and her question: My favorite part of the book was all of the personal stories. I can understand how the math works – I’ve calculated all of my future pay raises, estimated rate of savings, and projected retirement benefits to figure out how much I ...
This is a long, long list of how to simulate submarine life at home. These lists have been floating around for decades, perhaps even since World War II. They're always anonymous, and they used to be passed around by hand after being printed on a poorly-maintained mimeograph machine. Today we share them by e-mail and ...
Source: goodfinancialcents.com via Jeff on Pinterest Earlier this month, noted CFP & military veteran Jeff Rose was running a financial seminar with a roomful of college students. These seniors are graduating in a couple of months to (hopefully) earn the big bucks for their retirement accounts. He ...
When a ballistic missile submarine goes to sea to remain underwater & undetected for 90 days, they mean it. You can't just pop up offshore from the Ocean City 7-11, send in a Zodiac, and buy a few rolls of toilet paper to tide you over. Some truly paranoid submariners (with sea stories of their own) would even ...
I'm finally my Dad's conservator. Dad's favorite hike at Colorado's National Monument Park For first-time readers, let's back up a bit on why this was necessary. Dad's Alzheimer's has progressed to mid-stage and we didn't have power of attorney. He lived independently as long as he could, ...
After those last two blog posts, it's time to lighten things up a little. Let's talk about figuring out the "new rules" when your fledgling leaves the nest. Our daughter has given me permission to blog about an e-mail that we sent her a few weeks after she started college. Until she turned 18, her ...
Dad's doing fine in the care facility. He's happy and he's safe. His Alzheimer's symptoms have stabilized with their care. He's coping with his myeloma symptoms and waiting for chemotherapy to start. He's sleeping more than he should (Vicodin for the pain), and he's weak (anemia), and he's losing weight, and these ...
Many of us Boomers are caring for aging parents, but nobody seems to talk about it. Maybe we don't like to contemplate the foreshadowing of our own mortality, or maybe society deems it to be selfish complaining. Yet if the subject happens to come up in a Boomer conversation, then everyone has their story. Some of them ...
Thanks for all your feedback since my first post on my financial lessons learned from caring for an elderly parent. Frankly, writing about it helps me make sense of the situation. I also appreciate your backup! My Alzheimer's research led me to a number of websites covering all aspects of the syndrome. Unfortunately ...
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