Author Archives: Doug Nordman

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About Doug Nordman

Author of "The Military Guide to Financial Independence and Retirement" and co-author of "Raising Your Money-Savvy Family For Next Generation Financial Independence."

Military Retirement and Divorce – How Does a Divorce Impact Military Retirement Pay?

Posted on May 6, 2013 by Doug Nordman

A reader writes: “If my ex husband was active duty for 10 years and 20 years Reserve and he has 5300 retirement points at the rank of O-6, how much will he receive? I will receive 50%.” After exchanging more … Continue reading →

Posted in Military Life & Family, Military Retirement, Money Management & Personal Finance | 16 Comments

Lifestyles in Hawaii: Hawaii Island (the Big Island)

Posted on April 15, 2013 by Doug Nordman

Let’s take your mind off your tax returns for a more interesting fantasy subject. A reader writes: “Hi Nords – my spouse and I are thinking of moving to the Big Island for early retirement. I spent time working in … Continue reading →

Posted in Travel | Comments Off on Lifestyles in Hawaii: Hawaii Island (the Big Island)

Reserve Military Pension for “Discharge” Instead of “Retired Awaiting Pay”

Posted on April 11, 2013 by Doug Nordman

“Am I eligible for a military retirement?” A reader writes: “I hope you can answer my question, or point me to more information. After more than 20 years in the Army National Guard, including a year of deployment in Iraq … Continue reading →

Posted in Military Retirement | 4 Comments

Reserve Military Retirement For Active-Duty Veterans With Previous Reserve Or National Guard Service

Posted on April 8, 2013 by Doug Nordman

Thanks to David McDonald for sending the comment that led to this post! This information applies to only a handful of veterans, but it may earn them a military retirement. You could be affected if you were in the Reserves … Continue reading →

Posted in Military Retirement | 7 Comments

Military Retirement Lessons Learned

Posted on April 4, 2013 by Doug Nordman

A friend’s spouse retired from the military a little over a year ago, and I asked them to review “The Military Guide”. This relatively new retiree has a shadowbox full of awards and medals. They didn’t make E-9 (or O-9) … Continue reading →

Posted in Military Retirement | 21 Comments