Soldier intro...

Every eligible e6 from the course before mine was promoted to e7... We are in the process of standing up a second brigade, so in the next 3 years active duty civil affairs will completely double... Not only are we growing, it's at a staggering pace. Washington has realized that it is more fiscally responsible to deploy a highly trained 4 man team than a company of 100 average soldiers. It's cheaper to deploy, cheaper to train, and cheaper to maintain...

My bonus jumped $10,000 two weeks before I re enlisted, only if I could have been deployed for the tax free benefits!!!
 
Sell the truck, put the $90 in TSP. It's pre-tax and your home mortgage gets you tax deductions. Your truck earns no tax breaks, costs money to operate and maintain and depreciates faster than the $90/mo will pay down the principal.

But, that's only my opinion because you asked for thoughts. In the end, you have to be comfortable with your decisions, so what others think might not be right/comfortable for you. But pls think about it, at least.
 
SRyan makes some excellent points. I was a Captain for 11 years without a passover for promotion. I didn't even get permission to go to the advanced course until my 9th commissioned year. After Nam from '75 on we had severe drawdowns. They did it whimsically and with broad strokes. Entire officer classes were eliminated while in schools. Then this happened again after Gulf War I. My brother-in-law was a Pershing Missle Battalion commander and his entire unit was eliminated and he was reclassified as a FIST. After the Gulf War where he earned a Silver Star he was forced out as well. Mind you these were the days that were really tough. Counting on Uncle to keep looking after you would be a mistake. I was SF and a rotary wing pilot with 6 combat deployments (some in wars you never heard about) and still didn't make it past Major. A lot of it is timing. The guy that replaced me is an LTC in 5 years (direct commission as a CPT). One thing my first drill sergeant told me is that life ain't fair as he was beating me for some non-existent infraction someone else did. History will repeat itself and there will be another drawdown and it will happen fast and it will be for political reasons. I remember that there was some kind of bidding war going on between aviation and MSC over who gets to recall me to active duty. Aviation had eliminated so many pilots they couldn't do any missions and were recalling ones eliminated and activating from the Guard. I learned about this a lot later when I was visiting PERSCOM (no clue what it is called now) while attending the Tropical Medicine Course at Walter Reed. At some point our elected representatives are going to have to face the fact that we can't sustain wars to this extent as we are already bankrupt. The only thing saving the US is that the Euro is equally devalued. But, the BRICS are coming and are going to create a currency of their own and will crush us economically. It is as predictable as the Sun rising in the morning and we are going to go the way of the British Empire and the Soviet Union and it will be soon. $15 Trillion in debt can't be sustained or for that matter justified. One thing this old fart soldier has learned over the years is that none of these wars were necessary or even beneficial. The People will realize this soon then lookout!
 
I appreciate the personal insight and helpful tips. I promise you guys (I would bet anyone who would like to take me up on it either) my job is as safe as it can be. The drawdown that affected a lot of your stories is real and a threat, for the other 100 some MOS'. we had 100% promotion rate for eligible e6's, the only other MOS that supports that growth is 18 series... As long as I don't make any personal mistakes that affect my career(yet to do so in the previous 9 years) I will be fine....
 
Civil affairs is going to be big as long as Panetta is Sec. of Def. The idea of the military winning the hearts and minds of our enemies fits perfectly with his background. If he loses his job his replacement may think more like me (the mission of the armed forces is to destroy things and kill people) and look at civil affairs as the first place to make cuts.
 
Panetta didn't get to be the secretary of defense by being the only open minded Civil Affairs believer. Whoever follows up behind him will be in the same boat, also along with the CIA director who wrote the book on UW...which is something CA can do, and a conventional general purpose unit would fail at.

We're getting off topic, even if the army were to push CA out the door I would possess a TS, a centcom language, and regional experience... I'm sure I wouldn't have trouble finding a nice job in d.c. :)
 
Chuckling out loud

Yes, CA is a "better" field than some. I was PSYOPS and that entire field was at one time completely removed into the reserves only to find it was once again necessary and they were short once again for failure to pre-plan. Later after my PhD I became one of the very select few people who are experts at aerosol infections and biothreat detection. For the past 10 years that has been a gravy train but it all abruptly ended last year. Perhaps you are unaware that the contracting of services is a relatively new idea and actually illegal if anyone were to examine the laws with a fine tooth comb. Congress after Viet Nam in response to the severe anger of our citizenry following Viet Nam demanded that the military be reduced and capped with the goal that we could respond if attacked but to not have enough teeth to attack anyone else. Our moral prerogative at that time was to stop the perceived aggression's based on the lies our government told us. That lasted a while until the military industrial complex wormed their way back into the hearts and minds of Congress. Then we had a rush on "little" conflicts which are laughable in hindsight. Grenada, Panama, Honduras, Beirut, Somalia, Columbia, Peru, Angola and others and all slowly built up a kind of dull sense of "normal" for this. Yes, we went to a fully "professional" military at great cost. But when it was limited by a manpower cap there wasn't a great deal more that could be added except bright and shiny toys (remember Star Wars?). Then came the idea of contracting to get around the manpower cap. That began with non-profits and rapidly expanded to the ridiculous levels they are at now. That too will end at some point as a backlash to what transgressions have been being performed by our contracted mercenary forces. It is predictable and IMHO unavoidable. So, maybe there won't be any jobs in the contracting sector once this train gets rolling. I would plan for that eventuality and prepare for it. Perhaps it may not come to pass and perhaps we will have never ending conflicts such as today. If so, then yes, then CA will remain a large issue and be required after action to rebuild the nations we have destroyed by saving them. But, perhaps sanity will once again prevail and all of this will come to en end. If you go debt free and build up capital you can be prepared for that eventuality. Education is money in the bank for the future.
 
Informative post. I feel like most of that response was aimed at my last comment of finding a job in d.c.. I suppose I would look into contractor work if it was their but I was mainly talking about the plethora of government agencies, and working for one of them.

I have seen the misuse of contractors first hand. I despise most of them and am a firm supporter in the military supporting itself, the change is slow but it's starting to take place.
 
Supermech -

Congrats on your service thus far, and your stamina/commitment to make it an active duty 20-year career. Sounds like you're well on your way to financial independence on or around age 38. I did seven years active (Navy), and am finishing out my 20 with Reserve duty.

My $.02 -

1) Don't pay off your mortgage early. Depending on your tax bracket, this could be costing you only ~2% in borrowing costs after taxes.
2) Assuming you are in the 25 percent tax bracket, max out your traditional TSP.
3) If/when you get deployed overseas in to a tax-free zone, put all of the tax-free money in to the Roth TSP. Tax-free in, tax-free compounding, tax-free out.
4) If you are in a lower tax bracket (15% or less), you may want to go ahead and put all money in to Roth TSP/individual Roth accts.
5) Pay off the car loan. Depending on your interest rate, it may make sense to try and refi the car loan. In some circumstances, it may even make sense to refi using an HELOC or Home Equity Loan.
6) Get Nords' book. It will help put you in the financial 'cat bird's seat' when you finish your 20.
 
I appreciate the personal insight and helpful tips. I promise you guys (I would bet anyone who would like to take me up on it either) my job is as safe as it can be.
Panetta didn't get to be the secretary of defense by being the only open minded Civil Affairs believer. Whoever follows up behind him will be in the same boat, also along with the CIA director who wrote the book on UW...which is something CA can do, and a conventional general purpose unit would fail at.
Yeah, sure, CA will never be a State Dept mission ever again, and this time SECDEF really means it.

Heh-- I used to share your retention thinking myself, and then the Cold War ended. And a few years from now you'll be reading the same optimistic statements from some other guy who thinks his drawdown is the toughest ever. It's the [-]old phart[/-] retiree circle of life.

The point is not to estimate your chances at promotion & retention. The point is to have a "Plan B" already drawn up for when the meteor strike takes out your carefully-crafted plan which assumed you'd be promoted or retained.

We're getting off topic, even if the army were to push CA out the door I would possess a TS, a centcom language, and regional experience... I'm sure I wouldn't have trouble finding a nice job in d.c. :)
And, yes, it's worth retaining that TS eligibility. IIRC there's a specific statement that your security manager can have included in your service record, and you can transfer that boilerplate verbatim into your resume. It reads something like "Eligible under DCID... ... for TOP SECRET security clearance... under investigation dated.." What it means to the contractor or govt agency is "Hey, we won't have to do an investigation, and we can put this guy straight to work!!"

It's a lot easier to motivate the security manager to put that statement in your record before your retirement request is approved.

I should add that your desire to keep that pickup truck (instead of selling it and replacing it with a cheaper vehicle) is costing you the ability to max out your TSP. 20 years from now that pickup truck won't have anywhere near the significance to your life that your TSP balance could have assumed. This is not intended as a criticism, just as an observation from the other side of that class of financial decisions.
 
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You make some very good points. The TS is a bit of an issue once you retire as you may not have had a "need to have" on your last assignment so it may be inactivated which might require another BI. Then there is the re-validation issues and additional issues as inter-agency requirements which may differ dramatically. I have an active DoD TS plus the Biological Personnel Reliability Program (BPRP) issued through my contracting company that I sub-contract through. I have to bear the costs for the clearance ($25k now) and the BPRP clearance requirements (another $2500 for the medical clearances) so end up building that into my rates. But, you are correct in having it is a lot better than not and many people can't qualify and will not have your experience. Many of my active duty assignments didn't require it but my last few did so at least it was current when I retired. Of course in my case I stayed at the same desk, lab, and duties just changed into a different uniform driving to work as we all (military, civilian, and contractors) wear scrubs at work. Language skills are also in relatively high demand but this comes and goes as well so having multiple languages is a plus and I encourage you to seek out Chinese which I can see will be a future requirement in high demand. I have a very basic level in German, Russian, and Spanish and a poor level in Hungarian which I am working to improve. Interesting to note that I am working towards an International Sailing license and the languages for use in the examination include English and Chinese. Very interesting in that we haven't many Chinese here but clearly they are preparing for it. If I can ever get through Hungarian then I will start on Chinese myself. But, I find the older I get the harder new languages become and if I don't use them they fade rapidly. So, I agree with you that keeping language skills and your clearances active are a huge plus for when you retire.
 
You guys are all right about the truck, but I'm not going to sell it. My wife and choose to buy a larger vehicle to do home projects and more importantly haul my dogs on family trips, we decided to get a truck to meet both of these needs. I understand I could put a lot more in my tsp without it, but it's not going anywhere... Selling it would probably net a huge loss, I plan on keeping it for 10+ years which could equal more savings down the road...

I guess my next move is to finish the refinances and gets nords book...
 
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