Retired Military Finances 201: Business Insurance
Thinking about starting a business after you retire from the military? You're going to need some insurance. Start here.
Thinking about starting a business after you retire from the military? You're going to need some insurance. Start here.
You've dealt with cyber-security for your entire military career. While there were consequences for not doing it right, you weren't personally, financially liable for damage caused by data breaches. That all changed when you opened a business.
You generally can't be sued for damage or injuries you cause while you're performing your military duties. That isn't the case when you're off duty.
Tricare for Life is a pretty good deal. But you have to take action to get it and...you'll pay for it. How much will Tricare for Life cost you?
SGLI and VGLI are insurance options offered to you by the government. There are other options available to supplement or replace the government options. Here are the basics of some of them.
As you enter the military's retired rolls, your roll in your family may change. You may be trying to manage and figure out how to fund Mom or Dad's long-term care. If things aren't looking the best, a Medicaid Annuity might be an option.
I think at some point most Senior Military Officers and NCOs (Active or Retired) think about leaving some money for the kids. One way to do that is through the use of a second to die life insurance policy.
When you become eligible for Medicare, things change with your Tricare. If you're still employed when that happens, you could be in for a shock. You could end up paying a lot for your Medicare coverage or risk losing Tricare.
National Parents Day is a time to celebrate and uplift parents across the nation. Many retired Senior Military Officers and NCOs are helping the kids while caring for their or their spouse's parents. Here are a few things to help ease the financial stress of doing so.
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