Parr0thead98
Recycles dryer sheets
- Joined
- Oct 23, 2011
- Messages
- 76
Hi all. I'm approaching the 24-year mark in my career and starting to wonder "what I want to do when I grow up" as we like to say in the military. I am very glad I found this forum as well as Nord's blog and book/reading list. Honestly, not much on early retirement at local libraries...go figure.
I'm at what I consider the pinnacle of my career. I'm an O-6 that's not in the rat race anymore for further promotions. I'm in a command billet with an O-7 boss who gives me complete reign, just update him when I think necessary. This job will take me to my 25 yr point. Military pension at that point will be around $6,100/mo or $73K/yr.
Up until a few months ago, I had been planning on just taking another assignment and planning for a second career/full-time job after the military. However, something keeps nagging at me as I don;t feel any excitement when I think about that option. I can do it, definitely, but is that what I really want??
My dread is any assignment after this one will be a mental letdown...after running your own organization for 3 yrs and then to go to the "land of cubicle dwellers"...really??
Assets wise, not flush right now, but rapidly building. Have approx $60K in TSP (gov't 401K), 1 rental property with a solid $40K in equity if I had to sell it today, it c/f $140/mo free and clear ($200/mo after tax deductions), 2 cars paid for, live in base housing, and 2 mos ago, have started socking away $4,500 mo after running across this forum and other blogs.
Have 2 school-age kids, but the Post=9/11 GI Bill will take care of their college costs for the first 2 yrs each. We've explained they will need to pay for the other 2 yrs like thier Mom & Dad did when they went thru college!
Options, options, options. At least now, I'm realizing I have them!
I'm at what I consider the pinnacle of my career. I'm an O-6 that's not in the rat race anymore for further promotions. I'm in a command billet with an O-7 boss who gives me complete reign, just update him when I think necessary. This job will take me to my 25 yr point. Military pension at that point will be around $6,100/mo or $73K/yr.
Up until a few months ago, I had been planning on just taking another assignment and planning for a second career/full-time job after the military. However, something keeps nagging at me as I don;t feel any excitement when I think about that option. I can do it, definitely, but is that what I really want??
My dread is any assignment after this one will be a mental letdown...after running your own organization for 3 yrs and then to go to the "land of cubicle dwellers"...really??
Assets wise, not flush right now, but rapidly building. Have approx $60K in TSP (gov't 401K), 1 rental property with a solid $40K in equity if I had to sell it today, it c/f $140/mo free and clear ($200/mo after tax deductions), 2 cars paid for, live in base housing, and 2 mos ago, have started socking away $4,500 mo after running across this forum and other blogs.
Have 2 school-age kids, but the Post=9/11 GI Bill will take care of their college costs for the first 2 yrs each. We've explained they will need to pay for the other 2 yrs like thier Mom & Dad did when they went thru college!
Options, options, options. At least now, I'm realizing I have them!