Decades Of Out-Dated Advice for Military Financial Benefits
I’ll cut right to the chase. Veterans are suffering the consequences of financial planning theories and military benefits programs leftover from the 70s and 80s. They only show us a limited picture of their military financial benefits. This is hurting both our service-members and the American taxpayers.
That’s why we launched US VetWealth, to help service-members, veterans, and their families learn how to navigate and leverage their financial benefits so that they get the most out of a lifetime of service.
At first glance this may not seem like such an overwhelming “problem,” but I assure you, it is. And it’s not surprising—it follows logically from everything else that the military gives us.
We’re all given standard-issue uniforms, bunks, MREs, eye protection, weapons, and the like. We go through boot camp, OCS, and academies designed to burn away our individuality. It is so that we can respond to commands. We are taught to hit the “I believe” button. We are essentially aimed like weapons at objectives decided at pay-grades way above ours.
This is a great strategy for winning wars. It is an awful strategy for winning at life.
As soldiers, sailors, airmen, and marines, they always treat us as bulk items. But the one-size-fits-all approach to financial planning for military retirement DOES NOT WORK.
As veterans, we have to remember how to be individuals. It is about time that we learn to use our military financial benefits as such.
It's Time To Stop Following Orders
When it comes to your Military Financial Benefits, there are questions that “they” hope you never ask. And if you were to ask these hard questions, it would sound suspiciously like you were questioning an order.
We do not do that.
But these are your benefits, and the taxpayers want you to use them the right way.
It is our responsibility as service-members and veterans to be stewards of these benefits. But when we start being smart about our benefits, this whole rotten bureaucracy would come tumbling down, because it is essentially one bucket of laziness, greed, and a whole lot of “this is how we always do it.”
It goes to that expression about generals being experts at winning yesterday’s wars.
Our benefits system is great at providing military financial benefits for veterans of WWII who have long since retired. But your pensions are not ration coupons. They are assets we need to leverage.
But when we start being smart about our using military financial benefits, this whole rotten bureaucracy comes tumbling down, because it is essentially one bucket of laziness, greed, and a whole lot of “this is how we always do it.”
It all starts with reaching out to US VetWealth and asking a simple question: What are my options? We’re here when you’re ready.
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Scott R. Tucker is an author, speaker and the founder of US VetWealth, a lifestyle and financial consulting brand that helps service members go from paychecks and government benefits to wealth and liberty. He likes to say, "I Help The 1% Who Serve Our Country Become The 1% Who Influence It." A West Point graduate, serial world traveler, military financial expert, and entrepreneur, Scott brings valuable experience and insight to those who have sacrificed so much in service to our country.