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Writer's pictureKathryn Hauer, CFP®, EA

Retiring from the Military? Where To Next?

Updated: Jul 5

Financial advice for military transitions

Transitioning from a military to a civilian career offers new experiences that can be exciting and lucrative. The unique skills you developed in the military can help you succeed in a whole new environment. However, as with most change, the sudden transition may cause stress and worry. Here are tips to help you transition from the military to a civilian profession.



Go the Traditional Route When You Are Retiring from the Military

Military veterans do well at traditional jobs in the civilian world that take advantage of the skills learned while in uniform. Check out the Military to Civilian Occupation Translator to match your military skills and experience to civilian occupations. Cintas, Fluor, Amazon and Wackenhut are four of the many companies that actively seek ex-military employees; many other firms aim to hire veterans as well.


Take advantage of any job-hunting resources the military might provide to update your resume, write a solid cover letter, track down leads, and network to the fullest extent possible. Keep in mind that a job search can be a full-time job in itself and that finding a good position can take a long time. The duration of a search is no reflection on your personality or skills; many people job-hunt for several months before they even land an interview.


Hit the Books

Getting more education in your current field or taking a degree in a new area is a natural and positive way to transition to your new life. The military encourages this choice with financial support. Check out the Post-9/11 GI Bill for more information about assistance you can depend on if you decide to go back to school. The discipline you gained as a member of the military will only enhance your college experience.


Stick to What You Know

Some of the best careers for military veterans involve a return to the same installation, this time as a civilian contractor. For example, if in your military career you were the client of a large defense contractor, you can use your contacts to find a civilian position with that same contractor. You know the business from the military side, so the transition to the contractor side is smoother. The Ladders reports that defense and government contractors are “inherently veteran-friendly — especially for those who’ve held a security clearance. There’s no problem in translating your military experience for them.” Investigate careers for military veterans with commercial companies or federal and state government.


Create Your Own Job

Veterans often make great entrepreneurs, so opening your own business is a logical career choice. The skills needed to be a business owner are ones you developed during your tenure in the military: tenacity, vision, self-motivation, leadership, integrity and competitiveness among others. The Small Business Administration has helpful information on how veterans can start their own businesses.


You Are So Well Suited to Your New Job — Whatever You Choose

Although change can be uncomfortable, you've made the right decision to move from the military to a civilian career. Retiring from the military is going to work out great. Consider some of the tips offered here and tap into the benefits offered to you as a former service member.


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