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."

Parent’s letter to an 18-year-old


    After those last two blog posts, it’s time to lighten things up a little. Let’s talk about figuring out the “new rules” when your fledgling leaves the nest. Our daughter has given me permission to blog about an … Continue reading

Posted in Military Life & Family, Money Management & Personal Finance | Leave a comment

Military Drawdown Predictions


A reader posted some great questions the other day: What do you think is going to happen with the “retired benefit” debate within the greater context of the DoD portion of the Federal Budget? Will it be another … slash … Continue reading

Posted in Career | Leave a comment

Update to “Just Write It”


I’m writing my first post from our new familyroom. The construction is finished and 99% of the interior painting is done, so yesterday my spouse and I spent a couple of hours moving back in. (We bribed a neighbor’s teen … Continue reading

Posted in Entrepreneurship | 2 Comments

Covering a Mortgage in Retirement – How Not Paying Off Your Mortgage Can Lead to More Financial Flexibility and a Larger Investment Portfolio


(This post has been updated with 2021 data!) Conventional wisdom claims that retirees shouldn’t carry debt. If you’re going to enjoy retirement then you want to minimize your non-discretionary expenses and maximize your entertainment!, er, I mean, discretionary spending. However, … Continue reading

Posted in Mortgage & Real Estate | 4 Comments

Geriatric financial management update


Dad’s doing fine in the care facility. He’s happy and he’s safe. His Alzheimer’s symptoms have stabilized with their care. He’s coping with his myeloma symptoms and waiting for chemotherapy to start. He’s sleeping more than he should (Vicodin for … Continue reading

Posted in Military Life & Family | Leave a comment