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Reply to "Active Military Driving $80K+ cars?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The pay is more than you think and the benefits off-set expenses Our family take home pay after taxes and TSP is $20K/month. One military and one civilian with similar take home pay. We have lower expenses with miitary benefits - subsidized day care (only $500/kid when we used it) - student loan forgiveness ($100K of student loans forgiven) - Defined benefit retirement with no employee contribution (will be about $90K/year) -GI Bill transfer to dependants for college expenses and instate tuition We drive nicer cars, but so not pay private school tuition - opted for the expensive house in a good school cluster [/quote] A lot of these perks are newer as my spouse never got loan forgiveness, defined benefit or GI bill. He had a different kind of education plan and could have paid into the GI bill but couldn't afford it at the time. Getting a subsidized day care spot is very difficult depending on your job.[/quote] I accepted my commission in 2004, tranferred my GI Bill in 2010, and loans were forgiven in 2018. I never had an issue getting dod day care - all three of my kids attended[/quote]
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