About Me

A Rewarding Career

When I was a teenager, I couldn’t decide what career path I wanted to pursue after my high school graduation. While I wanted to earn a comfortable living, money wasn’t the only factor guiding my decision. I also desired to have a job that would allow me to help others in some way. If you’re searching for a rewarding career, consider counseling. Counselors have the opportunity to help people solve complicated problems on a daily basis. For instance, as a counselor, you might help a couple resolve marriage issues, aid a teenager battling an eating disorder, or assist an adult dealing with depression. I didn't end up becoming a counselor, but on this blog, I hope you will discover some of the most interesting aspects of being a counselor.

A Rewarding Career

Leaving the Military? You Need a Financial Advisor

by Marie Reid

There are many things to deal with when a service member leaves the military. Relocation, a new home, a new job, and a new community can all cause stress. If you are leaving the military soon or have recently transitioned to civilian life, you should avail yourself of all resources that are offered to help you make a seamless transition. If you haven't considered adding a financial adviser to your toolbox, the following will convince you to do so right away.

Invest Your Pension

When you retire from the military, you will be entitled to a pension for the rest of your life. You can spend your monthly pension checks as you get them, or you can work with a financial adviser to invest them and let them work for you. If you have a new job on the outside, it is best to invest all of your pension if you can afford to do so. If not, invest a portion so you will have a nice nest egg to live on when it's time to fully retire and enjoy life.

Determine What You Need to Make

While you're in the military on active duty, you get an allowance to help with housing costs and an allowance for subsistence (food and sundries). Most companies will not offer this to you on the outside. You may be unsure of how much money you need to make at a civilian job in order to live the lifestyle you want to live. Your financial adviser can help you analyze your financial situation to determine the pay range you need to shoot for to live comfortably.

Invest Future Earnings

It may not be enough to invest your military pension to help you live well later. You may need to invest some of the money you make at your civilian job if you can afford to do so. Your financial adviser is the best source of information on how much you need to invest, what your return on investment will be, and how much you can expect to have available when you are ready to kick back and relax.

Monitor the Market

The stock market can be a fickle creature, and, unless you are an investment buff, following trends and tweaking your investments can be confusing and tiresome. Let your financial adviser handle this for you. He or she will then make recommendations on how to adjust your investments to keep the earnings coming in and your portfolio increasing in value.