How can you get the military to give you a $1,167,448 bonus? It's simple: All you have to do is retire with an annual pension of $35,000 at age 43 after 20 years of service. Assuming you receive your pension until age 85, $1,167,448 is how much your military pension is worth in the civilian world. read more
The problem, though, is that the latest stats shows that only 17% of military personnel make it to a 20 year career. But, it’s not to say that someone in the military still can’t become rich. There are benefits that military members have that many civilians don’t, such as no money down loans through the VA mortgage. read more
I hear "You'll never be rich being in the military" all the time, from lower enlisted to command level officers. The military perpetuates the mentality that we don't make that much money. I'd like to argue that we do make a lot, and that the military is an incredible steppingstone to the middle class. read more