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David Baughier: Financial Independence, Military Pensions, Real Estate, Retiring Early, Fitness & More | Episode 47

Fit Rich Life

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The Benefits and Downfalls of a Military Pension

The military pension is 50% of your base pay at the time of retirement. You don't get it unless you stay in for at least 20 years, that's enlisted or officer. We have something called thrift savings plan and rules are very much like a 401k. For by generation of people that are in the military, they did no matching.

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