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How Much Is The COLA On My Military Pension?!?
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How Much Is The COLA On My Military Pension?!?

The question was asked on the Facebook group “Military Spouse Retirement Information”: "Is there a date that is better to retire on than any other day of the year? It used to be the case that it was better to retire sometime after 1 January or 1 February. I believe it had something to do with COLA, but I don’t ...

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How Much Is Your Military Pay Really Worth?
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How Much Is Your Military Pay Really Worth?

This post is brought to you by Daniel Kopp, an Air Force officer and founder of MilitaryLifePlanning.com.   If you're interested in contributing at The-Military-Guide.com, please see our posting guidelines. For any servicemembers who are transitioning out of the military or perhaps daydreaming about what that ...

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3 Steps to Retire Early on a Military Salary
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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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2017 Military Pay Chart – 1.6% Pay Raise
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2017 Military Pay Chart – 1.6% Pay Raise

Military members will receive a 1.6% Pay Raise in 2017. President Obama recently sent a letter to Congress echoing his support for the 1.6% military pay raise over the 2016 military pay. He states: This decision is consistent with my fiscal year 2017 Budget and it will not materially affect the Federal ...

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2016 Master Sergeant Promotion List
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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
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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 above the 2015 military pay rates. While the House of Representatives has sweetened the pot and propose to increase military pay by 2.3%. Once Congress comes to an agreement and signed into ...

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The 2015 Military Pay Chart
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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 raise until 2018. The 2015 Military Pay Chart goes ...

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Total Pay: How much will your next paycheck be?
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Total Pay: How much will your next paycheck be?

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 ...

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