As a fiduciary financial advisor in Virginia Beach, Holland Capital helps career Navy families, with one spouse retiring from service and the other still working, decide whether a second full-time career is really needed. Virginia Beach families work with us by video and phone, with in-person meetings by appointment at the Regus center on Lynnhaven Parkway.
Retirement orders on the calendar. A spouse whose career is still going. One question about the next job.
Virginia Beach has about 454,000 residents, and about 52,500 of them are veterans. NAS Oceana, Dam Neck and Joint Expeditionary Base Little Creek-Fort Story are here, along with Sentara, GEICO and Stihl.
Some service members want a demanding second career. Others would take a lighter job or a longer break if the numbers allow it. A fixed-fee written plan lays out each path, with no request to move any accounts. Whoever you talk to, ask whether they are a fiduciary and how they get paid.
Three Versions of the Next Ten Years
We build the plan three ways: a full-time second career, part-time or contract work, and no paid work for now. Each version shows household income, savings and spending year by year, with your spouse’s career in all three.
Our military retirement financial planning guide covers the other separation decisions.
Retired Pay, a New Salary and State Tax
For 2025 and later, Virginia allows a subtraction of up to $40,000 of eligible military benefits included in federal income, with no age requirement. Military benefits above the eligible subtraction, along with taxable wages and other income, can still be subject to Virginia income tax. We compare the paths after tax. Our tax-efficient investing page covers holding savings with taxes in mind.
RETIREMENT ENGINEERING™
The Order Matters
Five retirement decisions and why timing matters.
TSP and Survivor Benefit Choices
Military retirement also brings decisions about the TSP and the Survivor Benefit Plan (SBP), which can provide continuing income to an eligible survivor. We fit both into the work path you pick.
Help with the Portfolio Later
Should you later want us to handle the portfolio, investment management is a separate choice, guided by a written investment policy statement.
How We Work with Clients in Virginia Beach
Holland Capital Management is an independent registered investment adviser and a fiduciary. M. Chad Holland, CFA, CFP® works directly with clients and is responsible for the planning and advice.
Bring your retired pay estimate, latest Leave and Earnings Statement, TSP statements, your spouse’s pay stubs and a rough monthly budget.
The plan arrives in writing, priced as one fixed fee settled before we begin. Follow it as a couple, pass it to someone already advising you, or have us carry it out.
The first conversation is free. If there is work worth doing after that, we will define the scope and cost before you decide whether to move forward.
Our offices are in Charlotte, North Carolina and Winter Park, Florida. We work with clients in Virginia Beach primarily by video or phone. When an in-person meeting makes sense, we meet by appointment at the Regus center at Windwood Center, 780 Lynnhaven Parkway, Suite 400.
For clients whose investments we manage, accounts are held directly at Charles Schwab in the client’s own name. Holland Capital manages the investments but does not take custody of client assets. If a client ever needs in-person assistance from Schwab, the closest branch is in Virginia Beach at 4701 Virginia Beach Boulevard.
We work with clients throughout Virginia. You can see the other Virginia communities we serve here.
Our what we do page explains how a planning engagement works.
RETIREMENT ENGINEERING™
The Order Matters
Five retirement decisions and why timing matters.
Frequently Asked Questions
Does a Navy Retiree Need Another Full-Time Job?
It depends on retired pay, your spouse’s income, your savings and your spending. Part-time work may close the gap for one family. Another may need a full-time salary for several more years.
What Does a Fiduciary Financial Advisor Bring to the Second-Career Question?
Holland Capital acts as a fiduciary when providing financial planning and investment advice. Here, that means the recommendation follows your household’s numbers, even when it points toward leaving your savings right where they are.
The planning work costs a fixed fee set in advance; managing investments later would carry its own fee, which you hear about before deciding.
Where Can We Meet in Virginia Beach?
We meet by appointment at Windwood Center, 780 Lynnhaven Parkway, Suite 400, Virginia Beach. Most of the planning happens by video or phone, around duty schedules.
Photo: Bruce Emmerling / Wikimedia Commons / CC BY-SA 4.0, cropped.
