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."

This is why we blog: another “net disability exclusion” story


    A reader writes: Sir,  your post on “IRS Denies Military Retirement Net Disability Exclusion” could not have been more timely. I am a retired warrant officer working for the military, and recently there was an ad in the … Continue reading

Posted in Entrepreneurship | Leave a comment

Book review: “Abundance”


      Did you ever read a book that makes you feel as if your head’s going to explode from all the new concepts? I don’t mean the U.S. Navy’s S5W Reactor Plant Manual, but Joe Dominguez’ “Your Money … Continue reading

Posted in Reviews | 5 Comments

IRS Denies Military Retirement “Net Disability Exclusion”


One of the book’s contributors alerted me to this problem. Some military retirees (or their tax preparers) are incorrectly applying the net disability exclusion to their pensions. This error has floated around the Internet since at least 1999 and it’s … Continue reading

Posted in Money Management & Personal Finance | 7 Comments

Book review: “You Are NOT So Smart.”


        After you’ve spent a few months learning about financial independence, you wonder why people think this is so hard. All you have to do is track your expenses, create a spending plan, save money, invest in … Continue reading

Posted in Reviews | 1 Comment

Forensic Geriatric Finances


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 … Continue reading

Posted in Military Life & Family | 2 Comments