Preparing Your Finances for Leaving the Military

Preparing Your Finances for Leaving the Military

One way or another, you will leave military service, and your finances will change when you do. In this episode, I talk to Clay Stackhouse about how you can prepare your finances long before you leave the military. Clay Stackhouse is a Regional Outreach Manager at Navy Federal. Clay previously served in the Marines for 25 years, having been a Navy Federal member for 34 years. He is passionate about interacting with military families on all things personal finance. Clay shares tips on when to start preparing your finances to leave the military, the things you should not do, and how to keep your finances strong long after you leave the military.

Thank You!

Support for the Military Money Show is provided by Navy Federal Credit Union. You can take on this holiday season with the help of Navy Federal Credit Union. When you use the Navy Fed’s cashRewards card, you can earn up to 1.75% cash back on all purchases and redeem them immediately. Great news, there are no limitations on rewards, and they never expire while your account is open. You can learn more at navyfederal.org.

Preparing Your Finances for Leaving the Military Episode Details

  • When to start planning
  • Important financial foundations
  • Available resources
  • Preparing for uncertain financial times out of uniform
  • Best practices and mistakes to avoid
  • Having a plan
  • Tips for Military Spouses
Related: How to Financially Prepare for Life Transitions

Preparing Your Finances for Leaving the Military Resources

More Podcast: Navigating Your Military Transition Preparation

Reserve Your Pass for #MilMoneyCon23

MilMoneyCon is the annual event for financial professionals united by military service. Its mission is to bring service members, veterans, and military spouses together to build and progress their careers, continue their education, and grow their earning power as practicing or rising financial professionals. MilMoneyCon23 is happening April 27-29, 2023, in Nashville, TN. Attending the annual conference gets you connected with the biggest community of military financial planners, coaches, counselors, candidates, and educators. It’s a place to find employment and money-making opportunities, increase earning power, and continue your education. Reserve your pass at https://milmoneycon.com. Reserve your hotel room here. Change the arrival and departure date to April 27-30, 2023, for the discounted room rate.

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Disclosure These notes may contain links to our affiliate products or services, which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion. If you want to “kickstart” your finances in the military, you can get access to my free Financial Kickstart Kit here.
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