BayView Financial Planning’s Post

As servicemembers (SMs) in the Army, Navy, Air Force, Marines, Coast Guard, National Guard, and now Space Force, your service likely involved a lot of hard-work, discipline, and deployments. Your transition out, whether it is after a few years or retiring after decades, can be filled with complicated decisions. These challenges are vastly different from the challenges you faced throughout your time in the military. You may not have focused your time or attention on developing an expertise in financial matters, and delegated these responsibilities to a spouse or family member. The military helps transitioning SMs be aware of money matters in the Transition Assistance Program (TAP). However, this is a one-size-fits-all program. There are many opportunities for learning beyond this program. The four areas that are most important to understand are cash flow, insurance, investments, and taxes. Read this week's blog to learn how to navigate your military to civilian transition. https://lnkd.in/eVzTHcHk #militarytransition

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