Financial Planning for Veterans is Different
Financial Planning for Veterans: A Personalized Approach
At NEST Financial, we recognize the unique financial challenges that Veterans face and the importance of planning for their future. Many of our team members have family who have served, and we work with a number of Veterans to help them navigate their financial goals. According to the most recent U.S. Census data, there are over 17 million Veterans in the United States.
Ironically, serving your country can have a significant economic impact on both Veterans and their families. While the VA provides valuable resources, such as Aid and Attendance benefits and Household allowances, it does not offer comprehensive financial planning for those who have served.
Where Should Veterans Turn for Financial Guidance?
The Role of a Financial Advisor
A strong financial plan should address every aspect of your life, not just your investments. A financial advisor evaluates your entire financial situation, including retirement planning, insurance needs, debt management, and investment strategies.
Types of Financial Advisors
Financial advisors generally fall into two categories:
Commission-Based Advisors – Earn money from commissions on your investments and financial planning choices.
Fee-Only Advisors – Charge a flat rate or a percentage of assets without earning commissions from financial products.
At NEST Financial, we believe in transparency and simplicity. We charge a flat 1% annual fee based on a client’s account balance. There are no product fees, no investment holding periods, and no commissions—just a straightforward, client-first approach to financial planning.
After selecting the advisor type that best fits your needs, you can expect to answer specific questions about your financial goals and history.
Key Questions Your Advisor Will Ask
Service-Related Questions
Where did you serve?
Which branch did you serve in?
How long did you serve?
Were you wounded?
What was your rank?
Are you receiving VA benefits?
Are you aware of the various VA benefits available to you?
Financial & Life Planning Questions
Do you want to save for retirement or a child’s education?
What is your current health status?
Do you have dependents?
Do you plan to retire early or later?
Are you looking to buy or sell a retirement home?
What is your risk tolerance?
Do you plan to work in retirement?
Why Financial Planning for Veterans Is Unique
The question “Did you serve your country?” leads to a range of additional financial considerations. A well-informed financial planner will use this information to help you build a roadmap to your financial goals.
Because of the unique benefits and challenges Veterans face, one-size-fits-all financial plans do not work. Veterans have specific planning needs, including:
VA benefits integration into financial plans.
Specialized insurance needs.
Debt management strategies.
Optimized retirement income planning.
Veterans deserve personalized financial guidance that aligns with their service, life, and long-term goals.
Thank you for your service.