• Calculating Functional Net Worth
    Net worth is a key measure of building wealth. I have been calculating my net worth since 2011 so I can see my progress over time, and it’s a really useful tool. Many people are familiar with calculating their net worth: you add up the value of all of your assets (e.g., stocks, bonds, real … Read more
  • “SBP v. Term Insurance?” Is the Wrong Question
    I often hear (and read) discussions about choosing either the military Survivor Benefit Plan (SBP) or term life insurance to help the surviving spouse remain financially secure. This is comparing the wrong two things. While both term life insurance and the SBP are insurance products, they are designed for different purposes. When deciding whether to … Read more