Big Picture Retirement

Many current retirees have a background of military service.  Benefits from military service can become a big part of the retirement planning picture, but it can be hard to know what benefits are available and how you can use them.  In this week's episode, Devin and John talk about military-related benefits and how to get information about them. You can break down most military benefits into one of three categories:  retirement benefits, service-connected disability benefits, and non-service connected disability benefits. 

Retirement benefits are earned through career of military service, generally more than 20 years.  Retirement benefits include lifetime income and Tricare health coverage. 

Service-connected disability benefits are available for those who are disabled as the result of their military service.  In addition to the benefits available from the Department of Veterans Affairs, there may be benefits available from your state or local government.  One important thing to note:  many times, the disab