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  #1  
Old 07-17-2011, 07:46 PM
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20 Years

20 Years ago today, I was a long haired maggot infested hippie looking 17 year old kid going into my first day of boot camp. I have small (very small) pangs of regret on occasion about not staying in until today and collecting retirement. I never regret going in, they were some of the best and worst 8 years of my life when I was there. To all those still serving, my hats off to you.
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Old 07-17-2011, 07:51 PM
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You know Ed, I'd really like to see a pic of you as a long haired hippy.

I can't imagine it.
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Old 07-17-2011, 07:53 PM
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My mullet was magnificent!

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Old 07-17-2011, 07:56 PM
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Staying for retirement was a very good decision for me. However, as an enlisted person, retiring at 20 years with 50%, or the 40% with the new plan sure doesn't leave much after taxes.


However, stay 28 years, get the extra annual raises, pluse 3 more promotions and retire with 70% of your base salary.. Now THAT was a Great decision.
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Old 07-17-2011, 08:03 PM
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Hell, Mike...there wasn't that much there before taxes.

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Old 07-17-2011, 08:15 PM
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Originally Posted by Why_Me View Post
Hell, Mike...there wasn't that much there before taxes.

I hear ya.. If I would have retired as E-7 at 20 years, I was looking at about 1500-1600 a month BEFORE taxes were taken.

To get into the much better money, you need to stay past 20 and either make E-8/9, or go the Warrant/LDO route.. It's a BIG difference.
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Old 07-17-2011, 08:55 PM
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At this point I can't see staying past 20. 1.5 years left for me. Things are way too different now than when I came in and I can tell it's time to move on. The extra $$ would be nice, bur moving on to something new and making better money sounds better.
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Old 07-17-2011, 09:13 PM
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24 years as an E-8 makes for a pretty good check every month.
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Old 07-18-2011, 04:59 AM
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The difference between E8 @ 21 and E9 @ 26 was about double.

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Old 07-18-2011, 08:40 AM
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Quote:
Originally Posted by BigSwede View Post
At this point I can't see staying past 20. 1.5 years left for me. Things are way too different now than when I came in and I can tell it's time to move on. The extra $$ would be nice, bur moving on to something new and making better money sounds better.
If the opportunity to cross the hall and make the same or more is there, don't hesitate...

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The difference between E8 @ 21 and E9 @ 26 was about double.
The difference between E7 at 20, and CWO4 at 28 was well more than double.
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