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[quote=Anonymous][quote=Anonymous]I’m a field grade military officer, and the majority of my colleagues have working spouses. My spouse works, and our HHI is $400K. I’m not sure why you think most have a SAHP

What I’ve seen for those with a SAHP, they purchase real estate and make money on the sales. I purchased a home in the DC area, owned it for 10 years, then sold it. We made $305K on the sale.

For retirement, the pension is cola adjusted. The pension keeps rising as costs rise. And most have TSP and ROTH IRAs. That is plenty to live off.

For college expenses, you’re over saving in my opinion. I transferred my GI BILL to my kids. One using part of it in college now. If you use one month of GI Bill, you get instate tuition and remains for the rest of the time attending that school. Even if you stop using the GI Bill. And the STEAM kicker gives you another year of GI Bill is your child is studying math, science, engineering.

Childcare is very affordable. I paid $1,100/month for 2 kids in full time daycare. My neighbors paid $4,000. [/quote]

You cannot extend the GI STEM benefit to your spouse or dependents. Only the veteran.

“ Spouses, children and other dependents are ineligible for the STEM extension. Veterans may not transfer their STEM extension benefits to their dependents.”[/quote]

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