Tag: High Three
How To Calculate A Reserve Retirement

How To Calculate A Reserve Retirement

In response to a question from a reader, Doug originally created and published this post in 2012. The sender was seeking a Reserve Retirement Calculator, specifically for the National Guard or Reserve. Instead of referring him to one of the many Military Retirement Calculators online, Doug dedicated the time, to write ...

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Comparing E7 Retirement Pay: Active-Duty Versus Reserve

Comparing E7 Retirement Pay: Active-Duty Versus Reserve

This post has been updated using current pay charts, to determine E7 Retirement Pay... E7 Retirement Pay Consider two 18-year-olds who join the military on the same day. The first stays on active duty for 20 full years to retire as an E-7. They'll base their pension on 2.5% x 20 years = 50% of their High-Three ...

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Effect of inflation on a REDUX military pension

Effect of inflation on a REDUX military pension

Veterans entering the service after July 1986 are eligible to choose between two different retirement systems. The first system, High Three, offers a multiplier of 50% at 20 years of service and raises it 2.5%/year to 75% at 30 years of service. Each year after retiring, the pension is raised by a cost of living ...

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Effect of inflation on a dollar

Effect of inflation on a dollar

It's hard to appreciate inflation's corrosive effect on a retirement portfolio. From one year to the next it's so tiny that it's barely perceptible, and everyone has a different set of personal expenses that are affected by inflation at different rates. The following graph shows the corrosive effects of inflation ...

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