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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]HHI $250K

DW 38 $90K TSP, $30K IRA, military pension at 60 and federal civilian pension at 62.

DH 40 $50K TSP, $30K IRA, military pension at 60 and federal civilian pension at 62.

DC 8 - 4 years of post 9/11 GI Bill, $35K 529

DC 1 - 4 years of post 9/11 GI Bill, $2K 529

Looking to have approx $200K per year in today's dollars to live on in retirement. With pensions and SS (and normal career progression) should have $180K per year. [/quote]

That's what's wrong with this damn government. Four pensions, $200k a year..... They just give away money to Feds.[/quote]

The fuck is wrong with you, pp? I mean that? What the FUCK is wrong with you? Are you suggesting that this money wasn't EARNED by these people who have been in the workforce for 20 years? I am 41 and have $300,000 saved for retirement and $70,000 saved for two kids in 529s. I am in the private sector -- did my employers GIVE AWAY this money to me?

What a twisted, ugly world view you have. Do us all a favor and quit expressing your pathetic views on the Internet.[/quote]

Cause its a total wealth transfer. Why should the government pay for TWO pensions per person? Plus social security? Especially for a family with HHI of $250k?? On top of which they also get free medical for life, loan forgiveness, and the GI education bill requires only 30 days of service before you get 40% of the benefits. Seriously, 30 days of service. That's it. What private sector employee benefit even comes remotely close?

My point is thus simple: it isnt about earnes or not, its that its unneasersarily generous. Moreover, it isn't as if public sector salaries are a disgrace. Far from it - for years they not only enjoyed better stability but near guaranteed raises year over year. I'd much sooner support a more equitable distribution to all us citizens. Tax me more. Lift the cap at $105 on SS. Don't allow me to draw SS if I have over $x million in assets. All fine. But to tax me so a handful of people can get free medical, education and a six figure pension, well that sits less well with me. 
 [/quote]

It is all just wind and words unless you are willing to strap on a rifle and drop down in the sand. No way should they do away with military benefits. It is not like they have people beating down the doors to get into uniform. They do something the rest of us are too scared, lazy, or selfish to do so that we can sit safely behind a desk and bitch about which neighborhood is better.

It is great that some are able to be high earners after they get out and even get a civilian pension, not all are that lucky. It can be a hard transition, many struggle to find work and just because they don't come home with a visible wound doesn't mean they are completely healthy.

To the two above - thank you for your service.

H 34 - 300 401k/ira
W 33 - 119 401k/ira
HHI - 208
144 emergency/invest, 270 equity in home.
529 - 8 for 1 year twins

FWIW I also hope to retire between 60 and 65.
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