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3 Steps to Retire Early on a Military Salary

3 Steps to Retire Early on a Military Salary

This post is brought to you by Rich of RichOnMoney!  If you're interested in contributing at The-Military-Guide.com, please see our posting guidelines.   BLUF: In college I paid off $32k in student loans in a year. On a military salary I paid off a $280k mortgage in seven years. I've bought several rental ...

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The Proposed 2017 Military Pay Chart

The Proposed 2017 Military Pay Chart

1.6% Pay Raise Coming In 2015 President Obama recently sent a letter to congress echoing his support for the 1.6% military pay raise. He states: This decision is consistent with my fiscal year 2017 Budget and it will not materially affect the Federal Government's ability to attract and retain well-qualified ...

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2016 Master Sergeant Promotion List

2016 Master Sergeant Promotion List

The Army has released the "unofficial" names of the Sergeant First Classes selected on the Master Sergeant Promotion List. Here is the full list of Regular Army Soldiers who were considered and selected for promotion to Master Sergeant. The official list will be released on May 10th. The soldiers who were ...

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The 2016 Military Pay Chart

The 2016 Military Pay Chart

1.3% Pay Raise Coming In 2016. The White House and Senate FY 2016 budget proposals provide a whopping 1.3% military pay raise. While the House of Representatives have sweetened the pot and propose to increase military pay by 2.3%. Once Congress comes to an agreement and signed into law by the President, the ...

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Six Wins On 2015 Military Benefits

Six Wins On 2015 Military Benefits

There's plenty of bad news and unhappiness about the drawdown. For the first time since the pay gap was declared "closed" in 2008, Congress has only raised military pay by 1%. Their 2015 defense spending authorization falls behind their own goal of raising pay at the same rate as the Employer Cost Index. Not only ...

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The 2015 Military Pay Chart

The 2015 Military Pay Chart

1% Pay Raise Coming In 2015 Earlier this year the President and the Senate Armed Services Committee published the National Defense Authorization Act (NDAA) of 2015. The latest version of the NDAA contains a 1% pay raise for the military, which will be the standard until 2018. The 2015 Military Pay Chart goes into ...

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