--Bob Clyatt, author of "Work Less, Live More"
From the Author
As my retirement date approached I started working through the"career skill assessments" and "interest surveys," but they weren'tencouraging: middle management and nuclear engineering. Good to know,but I'd already endured nearly 20 years of that.
My spouse and I had always tracked our spending and tried tofollow a budget. We'd always saved most of our pay raises (and investedthem) and we'd tried to live a low-key frugal life. We were raising afamily and didn't really have time to get swept up in consumerism. Wemade the usual financial mistakes but we managed to keep saving.
As the months went by, I realized that very few militaryretirees stop working after the military. Most veterans immediatelyfind a bridge career and work into their 60s or even longer.
The perpetual challenges for early retirees are decades ofinflation and affordable health insurance. Yet military retirees have apension with a COLA and cheap healthcare, so why are they stillworking?
The answers aren't complicated, but it's a highlyindividual decision with a number of factors.Many veterans are still working because we didn't realize that we couldretire! I've learned that a military career offers plenty ofopportunities for financial independence, but most people don't realizethis until it's almost too late. A few years of planning, budgeting,saving, and investing could make all the difference between leaving themilitary for a civilian career...or retiring to enjoy life. Eitherdecision can be a good one, but would you like to have a choice?
The stories and advice of 50+ veterans are distilled into TheMilitary Guide. You'll be able to use our centuries of financial andretirement experience to find your own path. It's not as mysterious orpainful as it seems, and we'll show you how!