Anonymous wrote:Anonymous wrote:Anonymous wrote: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
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.
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
Anonymous wrote:Anonymous wrote: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
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.
Anonymous wrote:These people have a chosen a career which may mean dying for others, including you, and you are perturbed they aren’t driving a Ford Fiesta?
Huh.
Anonymous wrote:Anonymous wrote:Op checking back in. FWIW the three families I am referring to have 2, 3 and 3 kids respectively, and the parents are around 40yrs old. So I assume they are higher ranking officers with years of military experience. One sometimes comes to school in what appears to be a flight suit type uniform.
One has a spouse that is a teacher, another has a HR type role for a Fed agency, the third I have no idea. I genuinely have no clue what officers make, I clearly don't know their family or personal financial situation. And those details are none of my business. It just surprised me to see the only military parents in my kids classes all driving such expensive vehicles. I didn't know if they got free or subsidized housing, which would be huge. Or that maybe officer can make more than I would have guessed. The only ~$40yo parents (not young people or singles) we know with multiple kids that drive $100K cars are lawyers or doctorsSo our perspective is clearly bias.
If they are in a flight suit they are higher level officers and probably doing very well. They also probably get special duty pay.
Anonymous wrote:Running joke in military circles actually. Many, many have cars above means.
Anonymous wrote: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
Anonymous wrote:Op checking back in. FWIW the three families I am referring to have 2, 3 and 3 kids respectively, and the parents are around 40yrs old. So I assume they are higher ranking officers with years of military experience. One sometimes comes to school in what appears to be a flight suit type uniform.
One has a spouse that is a teacher, another has a HR type role for a Fed agency, the third I have no idea. I genuinely have no clue what officers make, I clearly don't know their family or personal financial situation. And those details are none of my business. It just surprised me to see the only military parents in my kids classes all driving such expensive vehicles. I didn't know if they got free or subsidized housing, which would be huge. Or that maybe officer can make more than I would have guessed. The only ~$40yo parents (not young people or singles) we know with multiple kids that drive $100K cars are lawyers or doctorsSo our perspective is clearly bias.
Anonymous wrote:Op checking back in. FWIW the three families I am referring to have 2, 3 and 3 kids respectively, and the parents are around 40yrs old. So I assume they are higher ranking officers with years of military experience. One sometimes comes to school in what appears to be a flight suit type uniform.
One has a spouse that is a teacher, another has a HR type role for a Fed agency, the third I have no idea. I genuinely have no clue what officers make, I clearly don't know their family or personal financial situation. And those details are none of my business. It just surprised me to see the only military parents in my kids classes all driving such expensive vehicles. I didn't know if they got free or subsidized housing, which would be huge. Or that maybe officer can make more than I would have guessed. The only ~$40yo parents (not young people or singles) we know with multiple kids that drive $100K cars are lawyers or doctorsSo our perspective is clearly bias.
Anonymous wrote:Active military driving $80,000+ cars ?
That's nothing. Yesterday I saw several active military driving $10 million tanks.
Anonymous wrote:Military discounts for trucks and SUVs can be pretty huge.