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.
Customizing Financial Strategies: Unlocking Tax-Free Income for Military Retirees
In this discussion: Ready to maximize your pension and benefits with our Wealth Insurance Strategy? Our Military Retirement Blueprint offers the training, strategies, and planning you need – including a free digital copy of Scott’s latest book: Don’t Forget Your War Chest – A Guide to the Military Retiree’s Survivor Benefit Plan Alternatives. Access our…
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…
Balancing Numbers and Emotions: Communicating Retirement Options to Military Families
Scott and Mike discuss how to best communicate retirement options to military retirees and their spouses. They acknowledge that while the member may be receptive to a mathematical or numbers-based discussion, the spouse may view it more emotionally. They discuss strategies to engage spouses, including partnering with organizations focused on military spouse entrepreneurs and using…
Maximizing Thrift Savings Plan (TSP) Funds for Military Retirement
The main topic of discussion is retirement planning, specifically focusing on the Thrift Savings Plan (TSP) and how retirees can access and strategically utilize their TSP funds. Scott and Mike discuss the utilization of TSP funds to create a “war chest strategy” for replacing Social Security benefits and generating liquid funds for various retirement purposes….
Life Insurance and Military Retirement for Pilots
Scott and Mike discuss life insurance for pilots, highlighting retired ones. They observe that pilots’ healthy lifestyles and high salaries make them prime candidates. Yet, they stress the high cost of rejoining the SBP program for pilots who once opted out. They assert that pilots lack proper education about options beyond just the SBP program….
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…
