January: Military Career: Successfully Navigating a Career Transition

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Over the last 30 years, I have helped employees of the Department of National Defence transition from one career to another, whether this change was voluntary, mandatory, or due to medical reasons.

I have guided hundreds of them, each with their own financial and tax particularities, and facilitated their transition.

Over the years, I’ve noticed that making choices for a career transition has become more complex because due to changing programs and tax rules. My experience has taught me that military personnel each have a different transition journey and that each of them has their own reality to deal with. Therefore, it’s important to have a plan where the individual is at the center of concerns.

This is the reason behind my column. Each month, I will present a situation that brings together several steps of the career transition to be carried out as a military person. Of course, these are not mandatory steps, but rather a reference or a guide to different actions you should take to overcome the challenges that may arise.

Faced with the realities of transition, it is crucial to explore numerous options in order to choose what best suits your situation. To make advantageous decisions, it’s necessary to be aware of the different possibilities and to seek information by consulting various professionals well versed in financial matters. Through my columns, I commit to providing you with as much information as possible to enable informed decision-making for your future.

It’s important to be active in the face of career transition. Being proactive is the key to success, and to a stress free process. The more informed you are, the less the burden of transition will weigh on you, making the whole experience more enjoyable.

Patrice Bergeron, General Manager of the Caisse Desjardins des militaires

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