Create a Financial Plan that Keeps Your Wealth in the Family. 

As an AAFMAA Member, you’ve worked hard to build your financial future; now it’s time to protect it. Ensure your wealth remains in your family for generations by teaming up with our military financial professionals for your custom financial strategy.  

Whether you’re starting from scratch or need to fine-tune an existing financial plan, the experienced professionals with AAFMAA Wealth Management & Trust LLC (AWM&T) are here to guide you every step of the way. 

Build and protect your generational wealth today.

Fill out the form to get started. Together, we’ll design a strategy that aligns with your goals, protects your assets, and gives you peace of mind. 

Build and cultivate a legacy that lasts for lifetimes.

Building a Generational Legacy:

Military Family Wealth 

•  For decades, military families have navigated the path to building generational wealth, shaped by the unique experience of serving our nation. In that time, wealth has evolved just as each generation has, extending beyond monetary assets and the "here and now" to what the future holds. To better understand generational wealth, let's look at three different facets of financial status and security.
  
  Being rich implies a significant cash flow, a luxurious lifestyle, expensive purchases, and financial comfort in the short term. The key factor is the current availability of money.
  
  Being wealthy involves owning assets that generate income, provide financial security, and grow over time. Wealth is about sustainable financial independence and security and includes a combination of assets that generate passive income. 
• Building generational wealth means that wealth can be passed down to future generations. It emphasizes long-term legacy planning investments and a financial foundation that provides for future descendants.
  
  Wealth for military families once meant a steady paycheck, a long-term career, pension benefits, housing, education, and healthcare. Homeownership, often achieved through VA Loans, was a cornerstone of building wealth, ensuring a tangible asset to pass down to the next generation. 

Today, the Concept of Wealth Has Expanded

While financial stability remains a priority, military families also seek a balance between financial independence and quality of life. Wealth now includes experiences, education, and the well-being of future generations. Retirement savings, investments, and life insurance policies are prioritized. With access to financial education and services tailored to their unique needs, servicemembers and Veterans are making more informed decisions today about how to grow and protect their wealth.

Military families who build generational wealth demonstrate resilience, sacrifice, and foresight. Their mindset values stability, security, and legacy. Military life teaches discipline and adaptability, essential traits for managing finances. Today's families carefully plan, educate themselves in financial literacy, and employ strategies to minimize taxes and protect assets over the long term. Several supplement their traditional benefits with entrepreneurial ventures, real estate investments, insurance, passive income, and education for their children, understanding that a diversified approach is key to long-term success. 

How Can Your Military Family
Build Generational Wealth? 

Cultivating a financial legacy that ensures ongoing prosperity and security enables your military family to build generational wealth. Collaborating with a trusted military finance partner like AWM&T is key. Articulating your goals and aspirations to a seasoned professional will lead to a custom financial plan, investment strategy, legacy planning, and more. 

Joining the ranks of military families who have built generational wealth involves combining service with careful planning and a long-term vision. Creating a solid financial future is about more than just dollars and cents — it's about building a foundation of stability, security, and hope for generations to come.

*Originally published in the 2024 AAFMAA Advantage