In this episode: survivor benefit plans, VA benefits, VSO's disability benefits, tax planning, healthcare, and blended retirement systems.
This week we are joined by Daniel Kopp, founder of Wise Stewardship Financial Planning, to outline ways you can best prepare for military retirement. Together we cover pensions, navigating the Survivor Benefit Plan and additional benefits, healthcare and disability resources, as well as other financial decisions you can consider as you begin to transition out of the military. When dealing with any kind of retirement planning, taking actionable steps to prepare and get a plan in place for you and your family is essential. While everyone's circumstances may be different as they transition out of the military, there are many resources available and benefit programs you are entitled to before and after you leave duty!
Daniel Kopp, CFP
Timestamps:
- 1:26 – Introduction
- 2:32 – Approaching Military Retirement/Blended Retirement System
- 9:38 – Military Benefits/Healthcare
- 15:36 – VA Benefits/Term Life Insurance
- 22:12 – Disability Benefits/VSO’s
- 30:17 – Survivor Benefit Plans
- 43:13 – SBP Contingencies and Child Coverage
- 50:41 – Tax Planning
- 56:26 – Conclusion
Resources Mentioned In Today’s Episode:
More Helpful Links and FI Resources:
