Financial Planning for Military Retirement: The Critical Role of Conducting a Financial Audit
Military retirees often find themselves questioning whether they’ve made the most of their financial options. A financial audit can be a game-changer.
Securing Your Future: A Guide to Financial Planning for Military Retirement
With the shift from traditional pensions to retirement savings plans, military service members are now responsible for managing their retirement income.
Understanding Military Pension Strategies: A Comprehensive Guide
Military pension strategies can be complex and confusing, but understanding them is crucial for service members and their families. In this blog post, we will provide a detailed illustration of military pension strategies and explain how to read and interpret these illustrations. By the end, you will have a solid foundation to make informed decisions regarding…
Indexed Universal Life As A Tool To Solve The Military Retirement Problem
Today, we want to dive into a topic that is near and dear to our hearts: using Indexed Universal Life (IUL) insurance as a solution to the military retirement problem. In many of our videos, we have discussed the Survivor Benefit Plan (SBP) alternative as an introduction to the use of this powerful tool. While the…
A $300,000 Decision: Your Military Retirement
We recently received the hardcover copy of our latest book, “Don’t Forget Your War Chest,” and we couldn’t be more thrilled with the outcome. In this blog post, we will provide you with an overview of our book, its purpose, and why it is an essential resource for anyone navigating the complexities of military retirement…
Leveraging Cash Value Life Insurance for Maximum Retirement Benefits: An Analysis by Scott and Mike
Scott and Mike discuss strategies for transitioning military service members to maximize their retirement income. They illustrate different scenarios comparing the traditional military pension plan with investing the same amount into a cash-value life insurance plan. The cash value plan offers several benefits including liquidity, a larger lump sum for the spouse, and the ability…
Solving the Military Retirement Problem: An Introduction to Indexed Universal Life Insurance
Mike, Scott, and Trevor summarize the concept of Indexed Universal Life insurance (IUL) as a tool to solve the military retirement problem. Mike provides a high-level overview of IUL, explaining that it allows clients to save and invest tax-free while providing liquidity and risk protection. Scott mentions that IUL gives clients better outcomes compared to…
A $300,000 Decision: Your Military Retirement
Scott discusses a new book he has written to help military service members plan for their retirement. He mentions that the book is meant to provide a quick overview and consultation to determine if readers are ready to solve their retirement planning issues now. He hopes the book will help readers become the main decision-makers…
Maximizing Military Retirement Benefits: Survivor Benefit Plan vs. Life Insurance Strategies
In this video, the discussion primarily focuses on optimizing military retirement benefits for military retirees, with a particular emphasis on the Survivor Benefit Plan (SBP) versus alternative life insurance strategies. Life Insurance Strategies to Cover the Entire Pension Mike Wallace from Blue Water Advisors shares his personal experience of being hastily pushed towards the SBP…
The Costly Mistake of Not Rewarding Health in Retirement
Retirement is a time for military officers to relax and enjoy the fruits of their labor. Unfortunately, many of these retirees make a costly mistake by not rewarding themselves for their health. As military officers, they are healthier than the average American and it’s important to remember that when considering their post-military life. Medical Records…