Operation: Veteran Finance: Recent Episodes
Garrett Sorensen, MBA, CFPⓇ
Operation: Veteran Finance is an education-based podcast to help you accomplish your money mission. OVF is hosted by Army Veteran and CERTIFIED FINANCIAL PLANNING™ professional Garrett N. Sorensen. For questions or if you would like to be a guest on the show, be sure to check out our website www.OperationVeteranFinance.org. Thanks for listening!
There are four options you have when it comes to your TSP after you leave the military. Not all these options are equal, and some are just outright bad! In this episode, Garrett discusses what these options are and when you should consider them.
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help veterans accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
In this episode, Garrett answers 7 of the top money questions that he receives from Veterans. From veteran benefits, maximizing military retirement pay, and protecting yourself financially, Garrett dives into these questions and offers his advice to Veterans.
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help veterans accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
We often talk a lot about doing your own research when it comes to investing and finances. But, that is often easier said than done. I get a lot of questions from people asking where there should start when it comes to doing research for investments, planning, estate, and many other planning aspects. In this episode, we invited Jim Butler, Partner and Director with Marcum Wealth, and Leeann Schultz, Chief Compliance Office for Marcum Wealth, to discuss research and where to begin.
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help veterans accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
In the wake of the Silicon Valley Bank and First Republic Bank collapses, we are diving deep into what occurs when these institutions fail. In this special episode, Garrett discusses the risk involved in the types of investments these banks were holding and the inherent risk that Bank operations can have when dealing with your money. If you have questions about this or other money questions, you can email Garrett directly at garrett.sorensen@marcumwealth.com.
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help veterans accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
Garrett has a motto; Legacy is greater than currency. Is this episode, Garrett breaks down what legacy planning is, how to prepare for this major transition for your loved ones and even yourself, and some of the options you should consider for your legacy plan. Please do not hesitate to reach out to Garrett directly by email at garrett.sorensen@marcumwealth.com
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help veterans accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
Retirement is both exciting and scary for a lot of people. For far too many people, it is something that they have not planned on early enough or do not really know what it means to retire. In this episode, Garrett discusses the process for planning for retirement, some of the different types of retirement, and how to help you ensure you are building the right retirement for your financial plan. Please do not hesitate to reach out to Garrett directly by email at garrett.sorensen@marcumwealth.com
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help veterans accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
We are back! After a long break, Garrett is back with a very exciting episode, Investing 101. This is the 4th the episode to the Financial Planning 101 series. We hope you have enjoyed the other episode and will enjoy this one. We are nearing the end of our 101 series and will be back with more interviews, relevant topics, and advice for the Veteran community. Please do not hesitate to reach out to Garrett directly by email at garrett.sorensen@marcumwealth.com
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help veterans accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
What is protection planning? It's Garrett's cool way of making insurance seem cooler! In this episode, Garrett discusses some of the differences between certain insurances, when and why you should get insurance, and hopefully some things you haven't thought of to protect yourself.
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help veterans accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
Garrett is back with episode 2 of the financial planning 101 series. Budgeting and saving is the next block in creating your financial plan. Without these two essential pieces, most of the technical analysis in the plan will not be accurate. In this episode, Garrett discusses what type of budget you should use and how you should be saving.
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help veterans accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
Financial planning is an often overlooked aspect of someones financial life. However, the benefits the of having a financial plan should not be ignored. In this series, Garrett will discuss all the parts of creating a financial plan in depth to help you build your own. This is episode one of the financial planning 101 series; Financial Planning 101. In this episode, Garrett discuss the basics and benefits of creating your own financial plan. He also discusses creating goals and using them as the center of your financial plan to help acheive those goals.
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help Veterans ensure they accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
How and where would Garrett start his savings and investing journey if he had to start over today? In this episode, we take a look at the starting process and how to maximize the saving and investing journey to help ensure your financial future.
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help Veterans ensure they accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
What is an asset? The term, the technical definition, the IRS’s definition, and more all seem to have a different classification of how to look at assets in a financial sense. In this episode, Garrett breaks down the best way to classify and view assets for your planning needs. He discusses using asset location and asset allocation to help with your investment planning strategies.
Please be sure to head over to our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements. This podcast is designed to help Veterans ensure they accomplish their financial mission, and you can help by sharing this podcast with your fellow Veterans and network. Thank you for being so supportive and helping us grow!
With the volatility in the market and inflation breaking 40 year highs, there is more and more talk of a pending recession. In this episode, Garrett breaks down how we define a recession, what it might mean for you, and what you can do when a recession comes.
Please be sure to check out our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements.
Disclosures
Veterans who transition can often struggle to get a foothold in the civilian sector. This week, Garrett sat down to do Operation: Veteran Finance’s first in-person interview with Army Veteran and local Nashville Realtor, Chris Christian to discuss how he uses the VA and many other military benefits to his advantage to help find success.
Please be sure to check out our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements.
Disclosures
What separates the average investor from those that seem to be succeeding year after year with their finances? With talks of bear markets and a looming recession, how do some investors stay calm and ready to make the right moves during these times? For Garrett, it comes down to these four words; Psychology, Philosophy, Principal, and Planning. In this episodes, Garrett will break down each one of the four P's to finance, help you identify how these play into your financial life, and provide straightforward advice on how to help make changes so you can succeed with your financial mission no matter what is happening in the markets.
Please be sure to check out our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements.
Disclosures
FIRE, or Financial Independence, Retire Early is a new topic more people are talking about. With headline titles discussing the great resignation, and more people realizing that they do not want the traditional retirement plan that their parents might have taken, we sat down with Army Veteran and CEO of OnTrajectory.com Tyson Kosak, to discuss more about what FIRE is and how it plays into the Military.
Please be sure to check out our website at www.OperationVeteranFinance.org to listen to all the other episodes, read the blog posts that may accompany the episode, get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements.
Disclosures
With the recently announced changes to the Thrift Savings Plan website, Garrett wanted to dive into the 5 Things all service members must know about the TSP. Regardless if you have been investing in the TSP for years, or just started contributing, these are some of the most important aspects of the Thrift Savings Plan.
As always, please be sure to check out our website at www.OperationVeteranFinance.org so you can listen to all the other episodes, read the blog posts that may accompany the episode, and get in touch with Garrett directly, and sign-up for email alerts for new episodes and special announcements.
Disclosures
Did you set a New Year's Resolution? Have you set one in the past only to abandon it after just a few weeks? Were you goals related to your finances? If you said yes to any of these, you are not alone. In this episode Garrett and Josh discuss some surprising statistics about new years resolutions and goal setting, discuss ways to ensure you achieve the goals you set, and how to set better financial goals using the SMART system.
Please be sure to check out our new website at www.MilitaryWealthPodcast.com. You can search our episode catalog, watch our videos, engage with our social media, and even request to have Garrett or Josh take a free look at your portfolio to receive direct and specific advice on how to maximize your investment accounts.
Could there be a looming market correction or bear market? Spoiler alert; some indexes have already entered correction territory. But, in this episode, Garrett and Josh discuss what factors are leading to the worry in 2022, as well as discuss what you should be doing to prepare your portfolio. You can review the charts Josh discusses by clicking the link here. Or, going to www.MilitaryWealthPodcast.com
Please be sure to share the Military Wealth Podcast with your friends. Check us out on Facebook and Youtube. You can even watch this episode and more on our website. If you have questions, would like to view our entire episode list, or find out how to work with us, be sure to go to www.MilitaryWealthPodcast.com. Enjoy!
We all know that inflation is higher than normal right now, but what does that mean for you? Josh and Garrett take a "Price is Right" style look at how inflation affects some everyday purchases you might be making. This episode should leave you with a better understanding of how short, mid, and long-range inflation impacts you. Things you should know about inflation in the coming years. And how to combat inflation. Be sure to check the article on Military pay raises for retires using the link here.
Please be sure to send us any questions you might have to Questions@themilitarywealthpodcast.com. We would love to help answer any questions you might have.
How many times did you hear someone talk about NFT's (Non-Fungible Tokens) this past week? Two weeks? Month? With the popularity of Crypto-Punks and Bored Apes, Garrett and Josh decided to discuss what you need to know about NFT's to see if it is something you might want to get involved in. Garrett even went as far as traveling down the rabbit hole and minting a few of his very own NFT's. If you want to see what he has, be sure to check out our social media channels to view them. You can even right-click save them and use them as your own if you would like.
We are growing on Social. You can find this episode on Youtube and Facebook. Be sure to stop by Instagram, Facebook, and Twitter to view these NFT's and get updates on other future episodes. If you have questions or want to know more, be sure to email us at Questions@TheMilitaryWealthPodcast.com. Thank you to all our followers and subscribers!
On the first day of Christmas, Josh and Garrett are giving you all the costs of the 12 Days of Christmas. How much do 10 lords-a-leaping costs compared to other years? What would a partridge in a pear tree run you in 2021 compared to other years (and all the other avian-themed gifts. Seriously, there are so many birds in this song!)? In this episode, Garrett and Josh discuss the Christmas Price Index. A tool to measure the rate of inflation of the 12 days of Christmas song. Also, they give their 12 best pieces of financial advice for you.
Please be sure to like and subscribe so you don't miss future episodes. New episodes are released every other Tuesday. If you have questions, please send them to; Questions@TheMilitaryWealthPodcast.com. You can also find us on Youtube, Facebook, Instagram, and Twitter @TheMilWealthPod.
With it being Giving Tuesday, Garrett and Josh thought what better time to discuss charitable giving and how you can take advantage of certain tax breaks for doing so. With the changes in the TCJA, temporary provisions inside the CARES act, and other longer-standing opportunities like QCD's, the tax reward for giving has bounced around a bit. In this episode, Josh and Garrett will break down the different options available, and explain the different ways you can take a tax credit for your giving.
As always, we are so grateful to our supporters and listeners. Thank you for taking the time to subscribe and rate and review our podcast. Please be sure to subscribe and rate if you haven't. If you have questions, we would love to answer those questions for you. Please send them to questions@themilitarywealthpodcast.com.
How do family and finance differ in the Military? What are some considerations you need to consider for your financial plan that might be unique to your family life as a Soldier, Marine, Airmen, or Sailor? This week, Garrett and Josh sit down with Anthony Nemanic to discuss the specific dynamics of the military family and their money.
Please be sure to like and subscribe. We would also appreciate it if you can rate our podcast as it does help us be more discoverable to other listeners. We are very thankful to those that are sharing new episodes with their networks and look forward to engaging with all our new listeners. If you have any questions, please send them to Questions@TheMilitaryWealthPodcast.com. We are also on social media at Facebook, Instagram, Twitter, and you can even watch us on Youtube.
The Thrift Savings Plan is an essential part of the MIlitary retirement plan. But, do you know how it works? In this episode, Garrett and Josh take a deep dive into the important (and some just interesting facts) about the TSP. Learn the fees, about the investments, and how to maximize the TSP in your overall retirement plan.
Please be sure to like and subscribe. We would also appreciate it if you can rate our podcast as it does help us be more discoverable to other listeners. We are very thankful to those that are sharing new episodes with their networks and look forward to engaging with all our new listeners. If you have any questions, please send them to Questions@TheMilitaryWealthPodcast.com. We are also on social media at Facebook, Instagram, Twitter, and you can even watch us on Youtube.
Social security is a critical piece to your financial planning puzzle. Listen in as we discuss the ins and outs of social security including what changes could take place in the future to make up for the projected shortfall of benefits.
Please be sure to like and subscribe. We would also appreciate it if you can rate our podcast as it does help us be more discoverable to other listeners. We are very thankful to those that are sharing new episodes with their networks and look forward to engaging with all our new listeners. If you have any questions, please send them to Questions@TheMilitaryWealthPodcast.com. We are also on social media at Facebook, Instagram, Twitter, and you can even watch us on Youtube.
Have you ever considered how much you would need to save for retirement? Do you have a specific goal like your "retirement number" or are you more of a "save it and see" type person? In this episode, we consider the pros and cons of both approaches and discuss some important factors you should consider for both.
Please be sure to like and subscribe. We would also appreciate it if you can rate our podcast as it does help us be more discoverable to other listeners. We are very thankful to those that are sharing new episodes with their networks and look forward to engaging with all our new listeners. If you have any questions, please send them to Questions@TheMilitaryWealthPodcast.com. We are also on social media at Facebook, Instagram, Twitter, and you can even watch us on Youtube.
Josh and Garrett define and discuss some financial terms that you should know. What are a Mutual Fund and ETF, and how are they different? What is a qualified and non-qualified account, and how do they work? What is the difference between my portfolio and my strategic asset allocation? These and many other definitions are discussed so you can have a better understanding of how they work and affect your financial life.
Please like, subscribe, and follow wherever you get your podcasts. If you have questions, we would love to answer them. Please send your questions to Questions@TheMilitaryWealthPodcast.com.
What should you do if there is a Bear market or a market correction? What steps can you take to help prepare for the next Bear market or market correction? How often do these corrections happen, and how long do they typically last? These are the questions Military Financial Experts, Josh Schnelle and Garrett Sorensen hope to answer for you.
Please like, subscribe, and follow wherever you get your podcasts. If you have questions, we would love to answer them. Please send your questions to Questions@TheMilitaryWealthPodcast.com.
What are some of the financial mistakes financial experts make? In this episode, Josh and Garrett discuss their top three financial mistakes, some of the best financial advice they have received, and the financial advice they would want to pass along.
Please be sure to like and review this episode. Make sure you are subscribed wherever you get your podcasts so you do not miss our newest episodes. We are also on social @TheMilitaryWealthPodcast on Facebook, Instagram, Youtube, and Twitter. If you have questions, please send them to questions@themilitarywealthpodcast.com
Late episode drop! However, we are here with our top financial book recommendations. Josh and I discuss our top three financial books and why we enjoy them.
Please be sure to like and review this episode. Make sure you are subscribed wherever you get your podcasts so you do not miss our newest episodes. We are also on social @TheMilitaryWealthPodcast on Facebook, Instagram, Youtube, and Twitter. If you have questions, please send them to questions@themilitarywealthpodcast.com
What drives our investment decisions? Why do some investors worry about market movements while others are as aggressive as can be? We talked with Tony Oliver to discuss financial psychology and individual biases to learn more about what he has seen in his extensive career helping people with their investments.
Please be sure to like and review this episode. Make sure you are subscribed wherever you get your podcasts so you do not miss our newest episodes. We are also on social @TheMilitaryWealthPodcast on Facebook, Instagram, Youtube, and Twitter. If you have questions, please send them to questions@themilitarywealthpodcast.com
Coming fresh off his recent webinar where he dives deep into inflationary worries and the federal interest rate, we sit down with Gary Aiken to discuss the specifics of inflation, what it is and how it affects us, and how it relates to the Federal interest rate.
Please rate and review us, as it helps us reach other Veterans and allows us to grow our mission of helping more Veterans and Service Members become financially high-speed. Please send us your questions and comments to questions@themilitarywealthpodcast.com
You wouldn’t perform a major Military operation without having a plan. Yet, so many Veterans and Military members are going through life without a plan for their finances. We sat down with CERTIFIED FINANCIAL PLANNER™ professionals Brittany Benassi and Erin Jones, to discuss the importance of financial planning.
Should you be buying Bitcoin? How much Dogecoin should you hold? What about all the other Cryptocurrencies (and there are a lot!)? In this episode, we talk about what you need to consider before making these decisions for your portfolio.
How does serving the Military and Veterans differ when it comes to financial planning, investment management, and Trust services? We sat down with the President and Executive Vice-President of AAFMAA Wealth Management & Trust, Steve Mannell and Carrie Clark, to ask this very question. If you have questions or would like to reach out to Steve and Carrie, please send them to questions@TheMilitaryWealthPodcast.com.
Ever wonder what the Chief Investment Officer of a financial planning, investment management, and Trust services company thinks about the markets? Where might things go with inflation? How does he feel about Amazon, Tesla, Google, etc. Tune in as we interview Art Lyons, AAFMAA Wealth Management & Trust CIO. If you have questions for Art or would like to submit a question to the podcast, please send them to questions@TheMilitaryWealthPodcast.com
What does it mean to be Wealthy? How does being wealthy differ from being rich? Is there a difference? In this episode, our hosts, Financial Experts, and Military Veterans Garrett Sorensen and Josh Schnelle discuss the distinction between the wealthy and the rich, discuss behavioral finance, and ask the question, "What would you do if you had enough money to retire today?"
If you enjoy this episode please subscribe, rate, and review us wherever you get your podcasts. New episodes are released every other Tuesday. If you have questions, please send them to questions@themilitarywealthpodcast.com
We are excited to bring you The Military Wealth Podcast, starting Tuesday, May 4th, and every other Tuesday from there.
We would love to hear from you and be able to answer your questions. Please send your questions to: questions@themilitarywealthpodcast.com and we will get them answered.
We look forward to having you tune in.
Thanks!