Tag: bridge career

Stay For 30 Or Retire At 27?

Stay For 30 Or Retire At 27?

Last month I had a 2400-word e-mail conversation about financial independence. A reader asked: "I'm on active duty and struggling with the idea of getting out at 27 years to start a bridge career. If I wait three more years to get my full 30, the longevity pay raise and my extra years of service mean that my pension ...

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Eight Reasons Not To Worry About Military Retirement

Eight Reasons Not To Worry About Military Retirement

A new military retiree asked a very good question on a financial independence forum: I am going through a big life transition where I'm taking about a 60% cut in pay. Fortunately, it is a military pension and my monthly budget is lower than what I will get paid. I feel that I’m set for my transition and I can take my ...

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Military retirement lessons learned

A friend's spouse retired from the military a little over a year ago, and I asked them to review "The Military Guide". This relatively new retiree has a shadowbox full of awards and medals. They didn't make E-9 (or O-9) but they were on the short list. Their military pension is well into five figures. A typical bridge ...

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The transition to a bridge career

  "The Military Guide" is full of advice and stories from dozens of servicemembers and veterans who hope that you'll benefit from sharing their experience. I don't tell their stories in the blog (you'll have to read the book!) but I'll post the stories that didn't make the manuscript. As you read this next ...

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Retiring on multiple streams of income

This topic isn't tied to "The Military Guide" chapter on the Reserve/National Guard, but those military retirees frequently confront a retirement consisting of multiple sources of income. Veterans who retire from active duty will go straight to a pension, but Reservists/NG have to find some other source of cash ...

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