* not a professional investment advisor
* follow/watch at your own risk
6 years Marines (prior)
21 years Coast Guard (current)
Three more years and I'm telling "The Man" >>> I QUIT!! Actually I have no choice in the matter. Mandatory 30-year retirement for Chief Warrant Officers.
Seems kinda ignorant for the Coast Guard to force high-performing Warrant Officers (wait... who said I was high performing) to retire at 30 years (at the age of 48) when the Army, and I think the Navy, has created a CW05 rank and extended the pay scale to 40 years. Coast Guard says, "Not happening."
I frankly think the CG tosses you at 30 years because a CW04 costs a great deal more money than a CWO2. However, I wouldn't care if we (USCG) never created a W5 rank if we were at least given the option to go the full 40 years AS A WARRANT OFFICER. We keep 0-10's and E9's that long...but not W4's...the technical EXPERTS in their chosen fields??
I'd do 40 years in a heartbeat. Top out the pay scale at 30 years (no longevity raises) and the only pay raise you get beyond that mark is whatever menial percentage Congress authorizes on a year-to-year basis...just give me the OPTION of remaining on active duty.
100% payback on a 40-year career (probably $70k-$80K per year); totally retired at the age of 58-60 (again...on $70K-$80K per year); medical benefits for life...SIGN ME UP!!
Recommended Reading: http://tspcenter.com/forums/viewtopic.php?f=14&t=13474
"It's not what happens to you, but how you react to it that matters" Epictetus
Prior military (4 years) and current Federal Employee
Paul Merriman 2 fund strat: (age - 25) x2.5 = TDF + balance into S fund or variation ofTimboSlice wrote: "People really need to stop overthinking this."
Currently (& for as long as God is willin’), I serve in a Federal Civilian capacity (20+ years)...
Best of Luck (everyone) in all you choose to endeavor!!!
6 year federal employee and still there.
Ready to punch out already. Too soon . . .
Disclaimer: The contents of this thread are known to the state of California to cause cancer. (As they always seem to know more than the rest of us)