Originally Posted by
Scout
Tony C.
I don't think you've checked the retirment pay scales lately. An O-5 with over 20 years will have a total payout of over 1 Million Dollars over 20 years. Add that to any current pay and a second retirment (even if it's less than the 25-60) and it pretty hard to beat. It's a different story if you punch at 10 years, but if you can hang-in untill 20 you can earn a really sweet deal.
It's about time.
Scout,
I retired after 20 and came to FedEx and feel that it's a great deal, BUT I would have to say Tony C is correct about 25 years trumping your military retirement. That's true at FedEx and UPS (although--30 year there I guess). I don't think that's the case anywhere else. FedEx and UPS are the only two retirements I would put any faith in being there. It's a hard call for sure. Your military retirement is a great deal, but believe it or not I think the Tricare part is even more important as you get older. I would seriously consider leaving before 13 years (age 35) if you could land a job at FDX or UPS. After 13 years, you would have to do the math. My guess is you are still better off trying to max out a retirement at FedEx or UPS. You can always finish your 20 in the reserves and still get the bennies of your military retirement/Tricare. The militray retirement money is nice, but seniority is king and maxing out your A-word retirement is way bigger dollar wise. Having said all that, I probably would not have changed a thing because I enjoyed all my years in the AF. But if you are not happy and just hanging out to get your 20, leave and don't look back.