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Money and Finances
Reply to "Can someone explain the wealthy military officer phenomenon?"
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[quote=Anonymous][quote=Anonymous]It's funny multiple people have mentioned DoD contractor positions. DH is looking to retire, and the jobs he's seeing are only around $90k. Don't get me wrong, we live fairly frugally and are happy with our standard of living, but I'm curious where this financial disconnect between us and some of his peers is.[/quote] They are usually $75-150K to start. If you go with a big company you can do better. Officers get a high retirement pay (unlike enlisted, our retirement pay sucks) plus health care (you have to pay but its minimal). They also had free housing/housing allowance and other perks so they could save money/buy houses and rent them, and other things. Then, they take another job, but it really depends on their career field. Doctors, lawyers, etc will do very well.[/quote]
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