Where to Start
Financial Help
Financial Coaching at WRNMMC
Free service that can help with:
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Analyzing your credit report or credit scores
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Discussing your investments and retirement (TSP) options
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Creating a budget/spending plan
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Developing a game plan for working through sticky debt problems
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Preparing a financial action plan for separating or retiring
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Working up a detailed savings plan for a major purchase (like a house or car)
Contact the Bethesda Fleet & Family Support Center:
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Phone: 301-319-4087 or Email or have a financial counselor contact you
How to Find a Financial Planner:
https://investor.vanguard.com/financial-advisor/financial-advice
https://www.whitecoatinvestor.com/financial-advisors/
https://www.physicianonfire.com/recommended-financial-advisors/
Resident Financial Priorities
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Disability Insurance
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Life Insurance & Will
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Tiny Emergency Fund
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Refinance Private Loans
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TSP
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High Interest Debt
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Roth IRA(s)
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Student Loans
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Mortgage/Low Interest Debt
Based off the White Coat Investor
Financial Resources
Disability Insurance
Disability Insurance provides an income to live on if you are unable to work due to a disability.
Once you leave the military, your disability insurance is gone. This is often why some people buy supplemental disability insurance early on in their careers. This can often be cheaper to buy during your time in GME and often is not available if you are OCONUS.
Disability insurance should be purchased from an independent agent, who can sell you a policy from any of the “Big 5” disability insurance companies (The Standard, Guardian/Berkshire, Principal, Ameritas/Union Central and Mass Mutual).
Emergency Funds
This section is currently under construction.
Roth IRA
This section is currently under construction.
Student Loans
This section is currently under construction.
Home Buying
This section is currently under construction.