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Actually it's not high considering the number are calculated at a 0-5 retirement.  Military retirement is bascially 50% of base pay.  Now, I didn't include the step increases so it's probably worth it bit more. As for making your own military retirement, I wouldn't say it's impossible but...

Air Force my friend! The only way to fly friendly skies!

I would say the GI Bill is more like insurance for career change just in case things don't work out. I've heard stories of careers ended in the force for realtively minor stuff.  As a officer, your always under microscope.  Your superiors have so much power to kill your career by giveing you a...

You have to consider the whole package and what you want to do with your life.  In my mind if you stay for 10, why not stay for 20?  Of course you make more money in the private sector.   But, your half way to getting a guranteed paycheck and never having to put up BS again in your life. The...

How much is a military career really worth?       Military Pay Table - All calculations after tax       Pay Table for a 20 Year Career Assuming Normal Promotion Rates - Total Benefits (Basic Pay, BAH, BAS)       O1(2 Years)      $69,433.28 O2 (2 Years)      $85,768.00 O3 (4 years)    ...

No, I guess that was the wrong term to use.  I have to work on being more politically correct in the future.  I'm just coming from the private sector and a lot what military does seems redundant to me.  Maybe it's just the nature of government work. Crazy stuff like triple paperwork or etc...

In less than a year and half, I'll be commissed into Air Force as a new 0-1. I find myself wondering whether to stay for 20 or get out in 4. If I stay for 20, I could retire at 46. However if I leave, I could make a lot more money in private sector. So I have a question for ex-military out...

Why not just apply free market forces to everything?  Let's put a price on human life too?  In fact, we can go back to owning slaves since according to free market theory the rich are only ones that deserve freedom.   You just can't apply free market economic theory to everything in life...

What's moving every two years? I'm going to officer in the Air Force for foreseeable future. That means a move almost every two years to a new duty location. It could be a location in the states or overseas. Buy or Not buy?

Samclem, I don't believe you can apply economics to healthcare. You are talking about people who need medical services to live. Now unless your cold heart bastard who doesn't value human lives, I don't see how you deny someone a life saving procedure based on price. We aren't talking about...

The median household income, adjusted for inflation, was unchanged at $43,318, down $1,535 from its peak in 2000. http://cbs.marketwatch.com/news/story.asp?guid=%7BA39EFB9C%2D53BA%2D4980%2D884A%2D7A7FCA38B479%7D&siteid=mktw

http://money.cnn.com/2004/08/26/news/economy/poverty.reut/index.htm?cnn=yes The percentage of the U.S. population living in poverty rose to 12.5 percent from 12.1 percent in 2002, the Census Bureau said in its annual poverty report, seen by some as the most important score card on the nation's...

Morning in Which America? http://www.amconmag.com/2004_08_30/buchanan.html “With the perception growing that the economy has turned a corner and is headed due north again, Democrats seem to be losing that issue as well. But there is a worm in the apple of prosperity, and the New York Times has...

http://www.vdare.com/roberts/labor_arbitrage.htm For example, Matthew J. Slaughter, a professor at Dartmouth, recently concluded that during 1991-2001 “for every one job that US multinationals created abroad in their foreign affiliates they created nearly two US jobs in their parent...

I suggest whoever brought the IQ debate into the discussion to drop it.  Not that I don't feel its interesting topic but your chances of discussing it intelligently is next to nil.  It's one of those emotional topics such race, religion, and etc that people can't discuss without getting...

Better jobs flipping burgers or clerking at Wal-Mart? There is no truth to the theory that new better jobs are created from jobs that leave this country.  Even during the boom times of the 90's, a lot people lost out as well paying manufacturing jobs left this country.  In comparision to wealth...

I've seen plenty of people sell their homes at a loss in my area. I guess many people on this board don't live in the mid-west where vast expanse of open space makes it hard to sell used homes. Here in the mid-west, we have so many builders of new homes that used home sellers can't compete with...

I really don't know how the U.S. middle class can compete against the emerging middle class in third world countries i.e. India and China.  Our high standard living makes us the highest cost producer of every imaginable service or item.   With the advent of modern information technology, almost...

Is Americans worship of home ownership overated? I've been giving some thought to it lately and that owning a home doesn't fit into my lifestyle. I'm a single guy who very active. I'm hardly home at nights and on the weekends. I see people who own homes spending most of their free time fixing...

My advice is wait.  Rent until the market goes down and buy.  Right now the price of houses on the both west and east coasts are inflated because of bubble.  This real estate bubble will pop as interest rates go higher. Trust me your going to feel stupid buying 300k overpriced home on the west...

Depends on how often you move.  I would suggest buying only if you plan to stay for at least three years.  Most of money paid up front on mortage is interest.  Also, not every housing market is like the west and east coasts where properties appreciate rapidly.  For instance in Texas where wide...

Your assuming after the stock market drops that it will go back to it's orginal highs. Right now, most stocks in the market are overvalued. The earnings of most these companies don't justify the value of stock. The stock price is most likely caused by speculation in the market. If stock drops...

I think it's better just to eliminate credit from your life. If you need to buy something credit it probably means that you can't afford it.

Your investments should not be only in the stock market. Spread the money out between bonds, stocks, real estate, gold, and cash. I recommend putting some cash in foreign currency like swiss francs. Yes, I feel severe economic crash coming our way in the next decade.

I'd rather leave the U.S. than work until the day I die in the U.S.