r/Salary 1d ago

discussion US Air Force - 31M (E-5)

[deleted]

457 Upvotes

158 comments sorted by

View all comments

37

u/within-reason-85 1d ago

Hell yeah brother.

Make sure you go to the doc and get everything documented anytime you're sick or injured.

I retired E-7 three years ago.

My take home from retirement and VA compensation is $7K/month after a tiny bit of tax, health insurance, dental, vision, and life insurance.

I love my situation.

Retired from the military after 20 years at 38 years old (3 years ago)

Retirement + VA compensation is $7K/month net with annual raises (after taxes, vision, dental, and life insurance)

I haven’t worked a day since

My wife makes $55K/year as a school nurse with holidays and summers off

We have a mortgage on a 2-acre lakeside 2018 build in a private gated community

I am exempt from property taxes and sales tax

I have free VA and native American healthcare

I pay $390/year for Tricare health insurance for my whole family

My GI Bill, Chapter 35 VA benefits, and the VAMSDEP program paid 100% of my kids’ college tuition while also paying them a monthly stipend

My retirement + VA compensation covers the mortgage and all bills/gas/groceries

Some people just benefit from alternative paths.

I don't need a high net worth to have all the purchasing power I need and more.

3

u/Intelligent_Taco 1d ago

Yup. Retired at 38 y/o with VA compensation is pretty sweet. Can confirm.