Building financial and career resilience beyond military service

by Vern Evans

Transitioning from military to civilian life can be a transformative experience, filled with both excitement and uncertainty. For veterans, who have dedicated years—sometimes decades—to service, moving into a new phase of life outside the military brings unique challenges. Fortunately, organizations and supportive communities are actively working to ease this transition, helping veterans find their footing in the civilian world. The stories and insights shared at MCON by representatives from Navy Federal Credit Union and Hire Heroes USA shine a light on the resilience required and the support available for veterans making this leap.

Financial Preparedness: A Crucial First Step

One of the first hurdles many veterans encounter is financial stability. After years of predictable pay and structured benefits, civilian salaries may come as a surprise. Estefania Villaneuva, a proud Navy veteran and Regional Outreach Manager with Navy Federal Credit Union, understands this challenge firsthand. “Sometimes veterans don’t realize the civilian pay may not always align with their needs,” she said. Many veterans find themselves in roles that don’t initially meet their financial needs, which can create a struggle to make ends meet.

To help veterans avoid these pitfalls, Navy Federal Credit Union encourages proactive financial planning and offers budgeting tools to ease the shift. Estefania emphasizes the importance of setting realistic financial goals based on monthly needs like rent, childcare, and education. “Budgeting isn’t a one-time thing,” she advised. “You have to budget again and again because your needs are always changing.” For Navy Federal, it’s about equipping veterans with a comprehensive understanding of their finances, giving them a foundation for future stability.

Finding a Career Path: More Than a Resume

For many service members, transitioning to the civilian workforce means building a resume and preparing for interviews for the first time. For Sarah Ragone, a representative from Hire Heroes USA and a military spouse, this struggle is all too familiar. When her husband retired from the Air Force after 20 years, he realized he was stepping into uncharted territory. “He didn’t know how to put a resume together or what to wear to an interview,” Sarah shared, recalling how intimidating the civilian job market felt to him initially.

Hire Heroes USA helped bridge the gap by connecting him with a transition specialist, who guided him through creating a civilian-friendly resume, translating military accomplishments into accessible terms, and preparing for interviews. It’s a service they offer to all veterans, working one-on-one to help them highlight skills and experience in ways that resonate with civilian employers. Hire Heroes also provides job-specific mentorship, virtual career fairs, and interview coaching, ensuring that veterans have the confidence and clarity needed to succeed in the civilian world.

Building a Support Network and Finding Mentorship

One of the most profound insights shared at MCON was the importance of mentorship and building a reliable support network. Transitioning veterans often feel isolated, facing the misconception that they must start from scratch to build a civilian career. But finding support can be a game-changer. Estefania, reflecting on her own journey out of the Navy, explained, “I literally had no idea what to do, so I went to my old employer, who kindly took me back in. But it wasn’t a job that met my financial needs.”

Connecting with a mentor, particularly one who has gone through the transition themselves, offers veterans an invaluable guidepost. “Mentors help veterans avoid making the same mistakes,” Estefania said. Mentorship provides veterans not only with guidance but also with validation, showing them that their skills and experiences are valuable in the civilian world.

For those who may not yet have mentors, organizations like Hire Heroes USA provide essential connections to veterans in desired career fields, opening doors to advice and networking opportunities that make all the difference.

Avoiding Predatory Practices

One significant barrier facing many veterans is the proliferation of predatory practices and scams that promise quick career support at a steep cost. Sarah highlighted the importance of vetting services and organizations carefully, stressing that many nonprofits offer high-quality, free support to veterans. “You don’t need to pay hundreds of dollars for a resume,” she urged. “Hire Heroes USA and other nonprofits are here to help, and it’s all free.”

Navy Federal also plays a role in shielding veterans from these predatory agencies by offering free financial resources through their online platform. “Take advantage of the free stuff,” Estefania said. “We have financial education resources available to everyone—not just members.” With reputable organizations providing accessible resources, veterans can avoid unnecessary costs and find genuine, quality assistance.

Growth Beyond the First Job

Securing that first job after service can be a monumental achievement, but it’s often just the beginning of a longer career journey. Many veterans change jobs several times within the first few years as they navigate their new professional paths. “Your first job doesn’t have to be your forever job,” Estefania reminded attendees. She encouraged veterans to seek out professional development opportunities within their new roles, whether through additional certifications or training.

Hire Heroes USA also supports this ongoing growth, with resources for veterans seeking further advancement. “Once you’re a partner with us, you’re a partner for life,” Sarah said. Veterans are encouraged to return for career guidance at any point, ensuring that they can continue building fulfilling and successful careers.

Advice for Those Starting the Journey

For veterans at the beginning of their transition, the advice shared at MCON rings loud and clear: don’t go it alone. The resources are out there, whether through nonprofits, veteran-friendly employers, or dedicated mentors. “Find that tribe of people that’s going to help you,” Sarah advised. With organizations like Navy Federal and Hire Heroes USA championing their success, veterans don’t have to face the uncertainty of civilian life without guidance.

With a bit of planning, support from trusted organizations, and mentorship, veterans can build thriving lives beyond their military service, translating their invaluable skills into rewarding careers. The transition may be challenging, but with the right tools and a strong support system, veterans can continue their journey with confidence and resilience.

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