(Note: At the end of this post I've linked every major article on this blog with information about the Reserves and Guard: serving, benefits, separating, and retiring. Some of the reader questions may apply to only a few servicemembers or retirees, but I've included all of them. Please let me know if you have questions, advice, or your own … [Read more...] about Military Retirement From The Individual Ready Reserve
Archives for April 2013
I occasionally get a question that I can't answer on my own, and this one is of general interest to many of us. Can you help this military retiree with an instruction reference or a website? Here's their question: I retired from the Army and Army Reserve after a total of 29 years. Six of those years were active duty. 11 of those years I was … [Read more...] about Ask the Readers: Returning to Duty After Military Retirement?
During my active-duty days, we used to have a frequent conversation around Hale Nords: "So what's your pay going to be now?" "Well, let's see. I'm on the promotion message, I just got a longevity raise, I'm getting submarine pay, I'm eligible for sea pay again, and the new housing & cost of living allowance rates are out. My paycheck should … [Read more...] about Total Pay: How much will your next paycheck be?
This guest post is brought to you by an Army officer who's been voluntold for the Selective Early Retirement Board. For you younger readers who've never heard of such a heinous process, the drawdown military is partyin' like it's 1994 all over again. (If you're interested in contributing a guest post, please see our guest posting … [Read more...] about Guest Post Wednesday: “You’ve Been SERB’d!”
Let's take your mind off your tax returns for a more interesting fantasy subject. A reader writes: "Hi Nords - my spouse and I are thinking of moving to the Big Island for early retirement. I spent time working in Hawaii during my career and absolutely loved it. We are thinking of taking a risk and moving to an area designated lava flow 2 … [Read more...] about Lifestyles in Hawaii: Hawaii Island (the Big Island)
"Am I eligible for a military retirement?" A reader writes: "I hope you can answer my question, or point me to more information. After more than 20 years in the Army National Guard, including a year of deployment in Iraq and numerous temporary home-station full-time orders, I went into the IRR. I was caring for an elderly parent and could no … [Read more...] about Reserve Military Pension for “Discharge” Instead of “Retired Awaiting Pay”
Thanks to David McDonald for sending the comment that led to this post! This information applies to only a handful of veterans, but it may earn them a military retirement. You could be affected if you were in the Reserves or National Guard and then went on to serve an active-duty service obligation (more than a mobilization). Servicemembers … [Read more...] about Reserve Military Retirement For Active-Duty Veterans With Previous Reserve Or National Guard Service
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 career for their résumé of … [Read more...] about Military Retirement Lessons Learned