How I Became a Millionaire on a Military Salary - with Doug Nordman

#33: After serving in the Navy for 20 years, Doug Nordman, then-age 41, retired from his military career. Most of his peers started second careers in the civilian world.    But Doug didn't. He had an ace up his sleeve: he had spent his military career saving 40 percent of his income. By the time he turned 41, he held an investment portfolio worth $1 million. Those investments, coupled with a Naval pension for $30,000 per year, propelled him into financial independence.   He's remained retired since leaving the Navy. He's now 55. He surfs three times a week. He travels to Europe on a whim. His retirement portfolio survived two recessions and is now worth $1.7 million.     In this interview, Doug shares the story of how he became a millionaire on a military salary. He also talks about the fulfillment he's found through financial independence.   Enjoy! Learn more about your ad choices. Visit megaphone.fm/adchoices

2356 232

Suggested Podcasts

Giselle Finnane and Fee Lal

Josie Ong Media

The Athletic

Gary Segars, College Football, Football

Pst. Henry Caleb Terlumun Jnr.

Suresh Rs

Devansh Sharma

Sachin pimpale