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Retired 10 years ago as an O4 after 20 years in the regular Army and 7 in the National Guard. The pension was ~$40k a month back then - 2/3s of the average US income. Still sufficient with my investments to _retire_ retire. No corporate or government follow on nonsense jobs. No more bosses at all! Inflation ate a chunk of it despite periodic raises. However, instead of a 4% withdrawal rate on my portfolio I took out only 1%-2%. So that portfolio tripped. Don’t tell any politicians but at the going rate in 10 years I won’t even need a pension. It blows my mind that in my lifetime a military pension went from being a joke to one of the most enviable in the nation. In my childhood (1970s) military pay hadn’t been adjusted for inflation for so long 50% of nearly nothing was nothing.

First of all, how does one serve 20 years & retire an officer, at age 40? When did that person get a college degree to qualify for a commission? Also, one reason that a military pension is worth so much, is because a person would collect it for twice as long as usual, i.e. 40 to 85 as opposed to 65 to 85! Lastly, think of how much overtime pay you lost in those 20 years?

Don't forget those zay deductions!

Do you really think tarrifs are going to lower costs? Fuck no.its just gonna gice room for the mega rich here to raise their praises along with the tarriffed prices hahaha

My goal and plan is enter around 19 do 20 years of service but do 16 as infantry in the army to rank up and the last four years as a MP to get experience for retirement at 38-39 and hopefully enter the border patrol and complete another career there but after my first four year contract get married to my girlfriend 🙏 after she gets her nursing career and both work for a stabel financial life.🙏 Thats my plan

So sorry for your loss.........dogs are just the BEST.

Get ready for a 1099 instead of a W2. Taxed differently.

What’s the name of the app?

Money, or peoples lives...whats more important to you

Retired after 20 yrs 74-94 USAF, and yes for me it was worth it. But now I don't know.

I retired in 2017 after 24 years. I didnt need to work from a lifestyle or financial perspective however one thing I quickly realized is all of my friends are still working so my days were pretty boring. If you dont hobby or have other retired friends to do stuff with you need to figure out how to fill your time. If you dont want to work, do some volunteering. A year after retiring I ended up using my Post 9/11 GI Bill, got a bachelors, got a job offer I couldnt say no to, now in last semester of my masters while I fight the VA to pay me my MGIB. All depends on your situation but with retirement check, va comp, and gi bill housing allowance, I was making more than on active duty. Keep in mind if you start career 2, taxes are going to kill you!

It's will cost consumers, that's fact.Im not really a fan of attacking allies either

It’s a drug war not a tariff war.

How come the marines has never had a black or Hispanic commandant?

You must be goung through the San Diego Regional Office.

Not a battery, but it’s already over with Mexico. Trump got it what he wanted Mexican soldiers 15 k on the border.

What happened in the last 4 years has already placed most Americans in a horrible situation. If this country does not fight for its citizens then what’s the point of our government? President Trump is doing what every other president should’ve done but lacked either the courage, integrity, or fortitude to do. Yes, pain will come but, as were taught in the Marine Corps, pain is weakness leaving the body. Applying this principle to the entire country as the body, imagine how much STRONGER our nation will be when this is done and all those that have gotten fat while this country starved pays for that disrespect. DJT….America 1st!

how do you not understand what he is doing? That's going to encourage people to buy American. It will cost more on imported products but give Americans jobs and improve our security by needing imports less. we are in a hole and need to stop digging first.

We will be in such a good position ina year. We won’t be paying those tariffs, what will happen is all of those business will go under or be forced to renegotiate a better deal for themselves. If I’m buying Canadian products I should pay a higher price. What I should be doing is buying the American made products instead for 2x cheaper.

Retiring next month after 22 years with E7 pay. Great video man!

When I enlisted, my intention was not to serve for as long as I did. It simply turned out that way. However, yes, it was the best decision of my life to date, which is paying off now later in life. Thank you for sharing your perspective.

I'm approaching 23 years of service; the military has been the best decision I've made in my life. If my body holds out and my family still enjoys the lifestyle, I'm looking at retirement in the next 3-6 years.

😮

Nicely done :)

There aren't many officers who start at age 20

I wonder how many people know which congress member came up with the separate pay check for va disability? I know

Yes it is simple answer 🤷

Does a contract extension qualifies as a second period of service? I did a 48mo extension when I got orders overseas but never re-enlisted.

Do brs system

Sir, thank you for this video. Retired GySgt USMC, this is probably the best video on RUclips as it relates to military retirees and current members for their planning. Compound retirement with VA and retirement can be very financially rewarding.

Semper Fidelis Sir...

You can thank me as I contribute to your retirement by paying 35% income tax every year and have no say where my tax dollars go to ….Talk about BS…I have to wait until 66 years to get money “I” contributed to Social Security…how about retired Vets give 35% of their money to Vietnam Vets who don’t reap this windfall that 20 year vets get…total BS if you ask me

Va has made me a multi millionaire

Congrats on reaching 2.2K + Subscribers in January 2025 🎉

Now I can go for my doctorates! This is amazing!

Love the handle! Green logbook. Retired 92y 😂

Thank you brother for the heads up .thank you God bless you and your family

I am a 100% P & T with SMC S, 21 year disabled veteran. Years ago, while flying around the world, I often enjoyed using the USO. The policy changed, and I was denied entry. It seems that instead of giving millions of dollars to Ukraine, Isreal, funding some 800 military bases around the world, and foreign aid. Funds could be provided to the USO, for the benefit of active duty.......and all veterans! The national mentality is currently, if you are a veteran, you served your purpose, now go away!

I never knew that I retired 3 years ago.

My husband is retiring this year, we are worried. Working with transition assistance and doing a BDD claim but he's mostly worried about work. He has a BS in business administration, he wants to skillbridge in texas, we live in VA. And we also need to sell the house. Do you have a good resume person that doesn't cost a fortune?

Be blessed strong man

This was if no help.

I googled “life after the military” and your videos came up. January 18th will be in my memory for a long time. I had to do the same for my buddy. Best dog I ever had for 12 years. He developed tumor on his spine. I’m going to retire in a year and your videos are going to help me get through 20 years of this life into yours.

And what if you do not have those disability benefits?

Good job!