Episode Summary
Mike and Maggie interview Scott Vance, host of the Sheepdog Financial podcast. Scott retired after 22 years in the Army, and now runs a financial planning and tax practice. Scott shares his own personal finance journey, and some helpful perspective on many financial considerations for those in the military. His insights and learnings are equally applicable to military and civilians.
Episode Notes
Scott has traveled all over the world working in the military, and now lives in North Carolina. Scott shares how he got into the financial independence movement, and how he started his life financially. He admits he started out spending all of the money he earned, and then as he got older started shifting and thinking about saving and longer term goals. Scott explains how military pensions and retirement work and how it’s changed recently. He also shares how he tries not to impart his own financial goals on his clients, but instead focuses on what his client’s goals are and helping them achieve those goals.
In listening to many of Scott’s Sheepdog financial podcasts, we realized there’s so much similarity between military and civilians from a financial standpoint. We are more alike than different, and all have the same goals and desires.
A few of our favorite sheepdog financial episodes include:
- #22 – Changing How You Think About Money and Retiring Before Mom and Dad with Rob Berger
- #30 – FI with Doug Nordman
- #37 – Moving with the Military with Maria Reed
We really enjoyed our discussion with Scott Vance from Sheepdog financial. Please listen to hear more about Scott’s story. Check out his podcast in the show-notes.
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Show References
Sheepdog Financial Podcast on Apple iTunes
Zapier software – Scott mentioned a recent valuable pirchase