Master Class: Fistful of Dollars: Financial Literacy for the Transitioning Veteran

When you leave the military, you may be thinking of how you will get a satisfying career, a happy family, and maybe even a fistful of dollars. But when you are at the beginning of transition, your civilian life seems as if it is far away and is going to cost an awful lot. 

Even if you have not started saving, we have a plan for you to pay for that period of unemployment. With my guest JJ Montanaro, USAA’s Certified Financial Planner, in just a 60-minutes class, we will teach you:

1. How to build your financial bridge how to build your financial bridge to your civilian life.
    
2. How to put together a clever financial raft if you have not been able to save.
    
3. How to calculate what your income is now and what it will be after military separation using one of the tools we mentioned in the class
   • https://www.military.com/benefits/military-pay/calculator
   • https://www.usaa.com/inet/wc/retirement-income
   • https://militarypay.defense.gov/calculators/
   • https://apps.apple.com/us/app/military-retirement/id563082328
      
4. How to figure out the right direction for you and your family on some of the most hotly debated financial issues like:
   • Should you take your transitional leave or sell it for cash?
   • Should you move your TSP, keep it where it is, or cash it in?
   • What about the lump payment from the blended retirement system?
   • What about the survivor benefit plan?

Take the Next Steps.

Finally, in the class, you asked for a complete list of things you can do to lash your transition raft together. Find that article right here and share it on your LinkedIn: 13 Ways to Get More Money for Transition