Kyle Packard
Retired Army Lieutenant Colonel and Certified Financial Planner™ (CFP®) specializing in financial planning for veterans, service members, and military families through Packard Wealth Strategies.
1
APPEARANCES
1
PODCASTS
Jun 1, 2026
Lacey LangfordHOST
So before we kind of go into all that, like what are some of the pros and cons of electing to have the SBP?
Kyle PackardGUEST
So even before we start with that, I think we should lay down some facts first about the plan.
Kyle PackardGUEST
And this is why I think it's such a controversy, because oftentimes when I hear of discussions of the survivor benefit plan, it goes right to cost.
Kyle PackardGUEST
And before we do that, what I'd like to do is just outline a few baseline things that we can all agree on.
Kyle PackardGUEST
Number one, and you already hinted at this, it is designed for the surviving spouse.
Kyle PackardGUEST
Hence why, if you decline it, you have to actually get that notarized because it's a protection designed for them.
5 MINS LATER
Lacey LangfordHOST
Okay, so what would be some examples in the next step of what needs to be protected? Like your retirement or special needs children retirement?