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Relationship Discussion (non-explicit)
Reply to "Would you date a 48 year old making 120k?"
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[quote=Anonymous]This is about what an officer in the military makes at that age. But that man is going to "retire" in about 5-7 years (when he hits 20 years on active duty) and will then get a pension check every month that's not much less than he's currently earning. Plus, his pension has a COLA. He'll also get life insurance practically for free for the rest of his life, and he can cover you with that. Once he retires he can get a professional job paying $150K+ and double his income for the next 10 years until he retires like the rest of us at 67 and starts to draw from Social Security. I keep meaning to calculate how much I would need to have in my retirement fund to be able to to draw $10K/month from age 55 to 90 and also cover health insurance costs. But without even checking I know it's a hell of a lot more than what I'll have saved at my high status job when I retire. [/quote]
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