top of page
Sky

Military members face a variety of unique challenges and opportunities

​

Frequent moves:

 

Military members are often required to relocate every few years, which can create financial challenges such as the need to sell a home, pay for moving expenses, and adjust to a new cost of living. A financial advisor can help military members navigate these challenges by providing advice on how to budget for moving expenses, evaluate the financial implications of buying vs. renting a home, and create a financial plan that takes into account the impact of frequent moves on their long-term financial goals.

​

Deployment:

 

Military members may be deployed for extended periods of time, which can impact their income, tax situation, and ability to manage their finances. A financial advisor can help military members prepare for deployment by creating a budget that takes into account their reduced income, developing a plan for managing bills and other expenses while deployed, and ensuring that their investments and other financial assets are properly managed while they are away.

​

Special pay and benefits:

 

Military members have access to a variety of special pay and benefits, such as housing allowances, combat pay, and education benefits. A financial advisor who understands these benefits can help military members maximize their value and ensure that they are taking advantage of all the benefits to which they are entitled.

​

Retirement planning:

 

Military members are eligible for retirement benefits after 20 years of service, which can be a significant source of income in retirement. A financial advisor can help military members plan for retirement by evaluating their retirement benefits, developing a plan for managing their retirement income, and ensuring that they are taking advantage of all available retirement savings options.

​

Legal protections:

 

Military members have access to legal protections such as the Servicemembers Civil Relief Act (SCRA) and the Military Spouses Residency Relief Act (MSRRA), which can impact their financial situation. A financial advisor who is familiar with these legal protections can help military members understand how they work and ensure that they are taking advantage of all available benefits.

​

In summary, military members face a unique set of financial challenges and opportunities that require specialized knowledge and expertise. A financial advisor who understands the military lifestyle and the unique financial needs of military members can provide valuable guidance and advice that can help them achieve their long-term financial goals.

The information on this site is provided “AS IS” and without warranties of any kind either express or implied. To the fullest extent permissible pursuant to applicable laws, Lyon Park Advisors, LLC doing business as Point Loma Advisors (referred to as "Lyon Park") disclaims all warranties, express or implied, including, but not limited to, implied warranties of merchantability, non-infringement and suitability for a particular purpose. Lyon Park does not warrant that the information will be free from error. None of the information provided on this website is intended as investment, tax, accounting or legal advice,  as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information is at your sole risk. Under no circumstances shall Lyon Park be liable for any direct, indirect, special or consequential damages that result from the use of, or the inability to use, the materials in this site, even if Lyon Park or a Lyon Park authorized representative has been advised of the possibility of such damages. In no event shall Lyon Park Advisors, LLC have any liability to you for damages, losses and causes of action for accessing this site. Information on this website should not be considered a solicitation to buy, an offer to sell, or a recommendation of any security in any jurisdiction where such offer, solicitation, or recommendation would be unlawful or unauthorized.

                                                                                                               © 2017 - 2024 by Lyon Park Advisors, LLC doing business as Point Loma Advisors.

bottom of page