Category Archives: Military and Veterans Benefits

SBP Premiums With Deposits for CRSC, CRDP, and Military Pensions


  Whether you’re medically or physically retired for disability before 20 years of service, have you checked your eligibility for Combat Related Special Compensation? If you’re retired with at least 20 years of service (whatever military pension you’ve earned) are … Continue reading

Posted in Insurance, Military and Veterans Benefits, Money Management & Personal Finance | Leave a comment

40 years of danger: military specialty pay + bonus contracts


While you’re pursuing your path to financial independence: are you ever tempted by the military’s specialty pay or bonus programs? One of our family’s (many) military-retention discussions reminded me of a sea story behind our financial independence. I was certainly … Continue reading

Posted in Career, Financial Independence, Military and Veterans Benefits, Military Life & Family, Military Retirement, Money Management & Personal Finance, Sea Stories | Leave a comment

The Lump-Sum Pension of the Blended Retirement System Is A Payday Loan.


  When you’re saving and investing aggressively for financial independence, it’s possible to reach FI in less than 20 years— even when you don’t earn any sort of military pension or VA disability compensation. However life comes at us fast, … Continue reading

Posted in Career, Entrepreneurship, Financial Independence, Investing & TSP, Military and Veterans Benefits, Military Life & Family, Military Retirement, Money Management & Personal Finance, Mortgage & Real Estate | 1 Comment

Dementia among your family or friends… or in your finances.


  Everyone knows that they need to spend time on their estate plans.  It’s part of financial independence, and it’s even more important if you’re a military veteran with survivor’s benefits. Yet how much time have you spent adulting on … Continue reading

Posted in Financial Independence, Insurance, Investing & TSP, Military and Veterans Benefits, Military Life & Family, Military Retirement, Money Management & Personal Finance, Mortgage & Real Estate | 1 Comment

“But Nords, You Have A Pension!”


  I’ve been a member of the Millionaire Money Mentors forum since late 2020. It’s tremendously accelerated the financial independence of its members, including a number of military veterans (and a few servicemembers). I’ve learned a lot from the other … Continue reading

Posted in Career, Financial Independence, Military and Veterans Benefits, Military Life & Family, Military Retirement, Money Management & Personal Finance | Leave a comment