How do people retire from the military poor?

[Colin X]

who do you know who actually retires (20+ years in) from the military...and is poor?

getting out after 4-6 years isn't retirement.

it's like having any other job for a few years and not transitioning/preparing for another job....you're gonna be broke once that paycheck ends

I clearly said in my post the ones who do 20 years

 

[EndDomination]

Most people aren't in the military 20+ years, and honestly, the military is really shytty when it comes to pay unless you're like JAG, an Army Physician/HPSP, or a military officer with a government position.
Plus, there's a reason a lot of people are in the military (excluding the Air Force) and that's because they're either poor, a fukk-up who avoided felonies, or a "patriot" (which translates to heavy-drinking, conservative moron).
None of those three will be good with money, especially if they have no concept of bills because they were able to blow their entire military paycheck on booze, a basic Ford Mustang, and shytty tattoos.

 

[Sonic Boom of the South]

how the fukk you retire and receive a pension and considered poor

fukk is you talking bout

people retire and receive a pension plus their VA medical payment and collect more than most Americans get working a full time job

then they get another job to add to that

 

[Sonic Boom of the South]

the people who speak on the military are always mafukkas who aint spent one day in that bytch

 

[lespaulultra3]

Let's see. VA Home loans, GI Bill benefits, pension.....................Nobody retires from the military broke. You just need to find some other dudes to start borrowing money from.

 

[Colin X]

how the fukk you retire and receive a pension and considered poor

fukk is you talking bout

people retire and receive a pension plus their VA medical payment and collect more than most Americans get working a full time job

then they get another job to add to that

Negro that's why I'm askin this question



I'm askin HOW you got people who, after 20 years are barely gettin by and gotta scrape the bucket.



HOW does it get that bad?

 

[Sonic Boom of the South]

Negro that's why I'm askin this question



I'm askin HOW you got people who, after 20 years are barely gettin by and gotta scrape the bucket.



HOW does it get that bad?

so who the fukk are you taking about
that's the question

 

[Hacksaw Jim Thuggin]

But breh, all the frees shyt they get while in, then the shyt they get once they get OUT.



Naw, I'm not seeing it b.

housing and medical is the only thing free that i remember. you get free meals...your family doesnt though

IF you retire...YOU get free healthcare...your family doesnt

 

[The Devil's Advocate]

So they just end up blowing money?

breh people in the military dont make much $$$....

Most people aren't in the military 20+ years, and honestly, the military is really shytty when it comes to pay unless you're like JAG, an Army Physician/HPSP, or a military officer with a government position.
Plus, there's a reason a lot of people are in the military (excluding the Air Force) and that's because they're either poor, a fukk-up who avoided felonies, or a "patriot" (which translates to heavy-drinking, conservative moron).
None of those three will be good with money, especially if they have no concept of bills because they were able to blow their entire military paycheck on booze, a basic Ford Mustang, and shytty tattoos.

ok ok ok... a lot of false "facts" popping up in here

first off, i was in the air force for 4 years.... so while i didn't retire, i do know what goes on, pay scales, what's free and not free, and why people spend money



1. everyone in all branches, GETS THE SAME EXACT PAY PER RANK, NOT JOB.... so if you're a captain in services in the army (mess hall, gym, hotel) you make the EXACT same pay as a captain in the air force who's a brain surgeon.. it's basically socialism... your rank determines your pay... NOTHING ELSE

you get extra pay for amount of years in.. but it's still a basic chart

2. lets go over what is and isn't free...


you get free room and board... straight out of tech school, you'll be living in a dorm room... if you are married/have a child, you will get a SEPARATE housing allowance which depends on the zip code of the base you are assigned to

you get free food at the base mess hall.... that means you will need to show up at assigned times to eat... if you want mcdonald's or groceries, that comes out of your personal money... unless you are married/have a child, then they give you another SEPARATE food allowance

you get free healthcare... no copay, no nothing... again.... married/children get the same free healthcare

you get "free" college education and FREE college education... GI Bill will take $100 dollars out of your first year of checks... in exchange they will give you 50k for school.... but also the community college of your branch will offer free classes the entire time you are active duty

there's many other things, but i'll just stick to needs... you can also get free lawyers, travel on military flights, clothing allowance for uniforms, hotels for $20 (say you go to vegas and want to stay on their base instead of at a hotel), etc etc etc



3. you also can "earn" extra money... the military wants you to stay in.. they don't want to keep training dummies the whole time and having to start over every 4 years.... so when your time is up, they offer HUGE bonuses, depending on the job... some jobs will offer 30k to reenlist, because they know people don't want to do them/aren't smart enough, so they need people to stay in...

also hazard pay.... you in a war zone, you get a few extra hundred a month for being there... that's why dudes come home usually paid up

overseas pay is also great.... no taxes.... yup... cause you're out of the country, they don't take state taxes out your check and usually pay you a shytload more to make up for the cost of living


4. retirement... after 20 years in... you get 50% of your last paycheck amount FOR LIFE... 75% if it's 30 years

oh and go ahead and add in lifetime benefits

















this all leads to the answer


MOTHERfukkERS NEVER HAD TO LIVE A REAL LIFE


you basically spent the last 20 years with no rent (cause it was free or paid), no food bill (cause it was free or paid), a free 1700-19,500 dollar check every month... and the only thing you NEEDED to buy was maybe a car and some gas.... anything else was a want and not a need


so what do young people do?? 18 and skipped right over college and went straight to the league.... BLOW MONEY... they in the bar every night... you a sexy military man now, you gotta take all the bytches out... you out in a new town, new state, new country.... you gotta go every damn where... you gotta buy the freshest car cause what's a $600 note when you got 1700 to blow every month



why did i keep bolding getting married? you 18, you in a dorm, you got money, you want a house for free??? go ahead and get married breh... for real this time!! i've seen friends get married.. people dating for 3 months get married.. people marry girls they had no business marrying... women personally asked me to get married, we don't even have to live together, they just want the check

housing and food allowance in jersey (where i was) was an additional 1600 a check... go get a cheap apt for 700 and i'd still have 1700 from my regular check and an additional 900 from the stipend


clothes? shyt i'm gonna be fly as fukk... i got money to blow... vacations... yup i'm going everywhere.. expensive football game... fukk it we in there... front row at the jay z concert... you'll see me there... $1200 bar tab? who gives a fukk.. steak dinner every night... you know why i'm here!!






b-b-b-b-b-b-but after a few years you probably get over that breh






you think i'm going to live my life blowing money... and every year they give me a raise... and every 2 years they give me a promotion AND a raise... and i'm suddenly gonna learn money management



you ever go to a old military bar... bunch of old ass drunk guys... still hitting for large tabs... still flirting and blowing money on hookers and young girls... still driving the fanciest of cars... but now they got 5000 a month to blow... save money?? why should i do that... i'll be getting half my check forever



















then reality hits..... hold up i'm 20 years in and only 48? i still need to get another job


what do you mean this job only pays 50k a year


what's this here mortgage payment


i gotta buy my own food


budget my money



you mean i can't live off this 2500 (half of 5k) a month anymore



what do you mean government jobs are highly competitive


what do you mean i'm not gonna start off as the boss in this new job



what's a 401k

you mean i have to pay for these kids i been cranking out so my allowance will go up



you mean my wife has to get a job now cause i can't have my job support her


what do you mean college for my kids costs 20k a year

 

[the cac mamba]

the military

 

[Pinyapplesuckas]

they gotta pay child support for that kid to the woman who cheated while he was deployed all them eyars

 

[Reflected]

All depends on what you did before the military, in the military, and what you did after. My dad spent most of his time in Special Forces. When he retired, he was basically handed a contracting career paying 250k+ a year. If you put in the work, you will have no problem finding a government or security based job after retirement. I know one thing, all of the people that retired from the military with my dad after 20+ years all set for life and a currently making a lot of money on top of that. I can't speak for everyone, some suffer from injuries or psychology issues that will hold them back for life but it's not at all bad for a normal person retiring after that many years.

 

[Ethnic Vagina Finder]

the people who speak on the military are always mafukkas who aint spent one day in that bytch

That's what I'm saying. Most if not all people who retire after 20 years got a job waiting on them before their last day. Their resumes are on point. Then there are the benefits they get for life.


Most homeless vets didn't do 20 years. And I highly doubt someone who did 20 plus years is broke.

 

[L&HH]

Same as that lottery winner that goes broke and the same as those 70% of football players who go broke. Bad financial planning and a lack of foresight

 

[The Devil's Advocate]

All depends on what you did before the military, in the military, and what you did after. My dad spent most of his time in Special Forces. When he retired, he was basically handed a contracting career paying 250k+ a year. If you put in the work, you will have no problem finding a government or security based job after retirement. I know one thing, all of the people that retired from the military with my dad after 20+ years all set for life and a currently making a lot of money on top of that. I can't speak for everyone, some suffer from injuries or psychology issues that will hold them back for life but it's not at all bad for a normal person retiring after that many years.

there are 180 jobs classes in the air force alone... trust me... many people are the wrong fields