Originally posted by spitfiremkv
or you could double your income by getting a second job at Walmart!
My net income is 51,164/yr...and don't have to pay for health insurance..according to the pay and compensation calculator I used I would have to make 62,943 to live at the same level I am now....how many Wal Mart employees make that much?
Plus retirement...
High-3 Participants Retirement
Based on your input, your total military retirement payout over 40 years would be $1,720,123.
As a civilian, you would have to accrue $933,395 at the time of retirement to receive a comparable payout. In order to achieve this amount, you would have to invest $20,397 annually at a 8.00% return over a 20-year period.
How many average people can pay into a retirement account for only 20 years and accrue 933,000 dollars?
And I still have my medical benefits on top of that.
Not to mention that the Commissary and Navy exchange are cheaper than most stores and TAX FREE , and I can shop there ther rest of my life...I think us military guys have got it pretty good. And all on just a HS diploma.