Is Military Retirement Worth It? | Valuing Military Retirement w/ The Enlisted Money Guy, Brandon... | The Military Money Manual Video

The military retirement is one of the best benefits in the world... but is it worth the cost in years of your life?

Summary:


• How is military retirement pay calculated

• Military retirement can be worth at least $1,500,000!

• Benefits for military retirees

• Intangible benefits of military service

• What veterans miss about the military after retirement

Links:


• Enlisted Money (link

• @enlistedmoneyguy (link on Instagram

• Brandon's blog post- Is Doing 20 Years in the Military Worth it? (link

• past episodes w/ Brandon include:

• ep 96- Enlisted Money Basics (link

• ep 128- Continuation Pay (link

• ep 143- DCFSA (link

Brandon Lovingier, ChFC®, MQFP®, joined the Army right out of high school and has served over 19 years. He wasn’t always good with money, but now his family is debt-free and building wealth. He established Enlisted Money (link to help enlisted service members avoid his mistakes. He earned his Chartered Financial Consultant – ChFC® designation in 2022 and Military Qualified Financial Planner – MQFP® in 2023. He received The American College of Financial Services NextGen Financial Professional Award for 2024. He’s spoken at MilMoneyCon (link and loves mentoring other service members on their own financial freedom journey.

For a limited time, Spencer is offering one-on-one Military Money Mentor (link  sessions! Get your personal military money and investing questions answered in a confidential coaching call.

Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp (link  to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE!

If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual (link  or email [email protected].

If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon (link  or at shop.militarymoneymanual.com (link .

I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express (link , the American Express® Gold Card (link , and the Chase Sapphire Reserve® Card (link  in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3 (link .

Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3 (link .

The Platinum Card® from American Express (link  and the American Express® Gold Card (link  waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.