What Will My Military Retirement Pay Be? Numbers Revealed

Do you know how much you'll be making in Military Retirement? What about with VA disability added in? In this video, I cover how much a Staff Sergeant, Master Sergeant, Chief Warrant Officer and a Major will earn in military retirement, including different scenarios with VA disability.
Pre-Order our New Book: Bottom Line Up Front - What You Need To Know Before You Leave The Military.
Available on Amazon: a.co/d/hTDPsa8
-----------------------------------
If you're looking to connect and build that sense of camaraderie with fellow veterans, click that subscribe button, let's navigate this together.
---If you're on FB, join "The Military Retirement Group": / themilitaryretirementg...
---Check out "Military Retirement Podcast": on KZbin:
www.youtube.com/ @militaryretirementpodcast
---Listen to the "Military Retirement Podcast" on Apple or Spotify:
---Apple: podcasts.apple...
---Spotify: open.spotify.c...
#veterans #militarybenefits #militarypension #retirement #militaryretirement #vadisability #vaclaim #army #Navy #Marines #AirForce #military

[@tonyallen3138]

Yeah the USO rep showed me this app during my transition counseling. It was a great tool to get an idea of what I’ll be making once I retired.

[@fastsetinthewest]

My brother retired as a W-4 Army pilot. He did the Republic of Vietnam, Korea, Germany, and flew other hazardous assignments. My son-in-law did all the nasty assignments like Iraq and Afghanistan. These government criminals can't pay enough for persons with disabilities. I served 33 months and in Vietnam and get $4079.00 month for my disabilities. Nice video. My government health care SUCKS!

[@thegreenlogbook]

Thanks for the comment and to you and your family for your service to our country! I’ve heard stories both very good and terribly bad about gov/VA healthcare. I think it really depends on the location, which is no excuse at all for bad healthcare to our veteran community.

[@PHILDRU911]

Retired W4 21 1/2 yrs active service. Retired effective 01/01/1991. GRPE $1606.00 - SBP of $104.87 and Fed Tax. Net $1320.24. Now GRPE is $3697.00 - fed tax. No SBP payments. Plus 80% rated disability and Social Security. Retired pay based on last paycheck at 21 1/2 years. The older retirees take a haircut. COLA never caught us up.

[@fastsetinthewest]

@@PHILDRU911 OLDER VETS - get the corn cob without the Vaseline.

[@alanaldpal950]

Not bad for being able to retire as early as 38 or before 50, although for most if not all it is a well earned pension, and we can never pay you enough for what some of you went through. For those getting out early after one or two enlistments, look into the pay and benefits, as well as relatively early retirement options for public safety careers (police or fire) in a state like Cali.

[@stom3998]

This is the first military retirement-focused channel I've seen in a while. After this one, I will watch your past videos and check out that app as well. Thanks, Chief!

[@thegreenlogbook]

Solid, thanks for watching. I also co-host the "Military Retirement Podcast" youtube channel. I invite you to check it out.

[@jondstewart]

I think this video should be required viewing for everyone fixing to separate or retire from the military! I went to a pre-retirement briefing, but it wasn’t this detailed, instead it showed us the grim reality of the outside world if you’re without a college degree or highly-demanded trade. Until the year 2004 you could not collect both retirement and disability. That means a paralyzed vet from the Vietnam war and basket case unable to hold a job that was single and no children was collecting $3700 a month. Nowadays that’s just enough for a single person to live comfortably in the cheap parts of the United States. Now you have retired senior enlisted and even some officers drawing 100% and working GS-12 positions living high off the hog! And servicemen need to be educated on how to get disability. I kept getting the runaround for a long time and failed to realize you shouldn’t go to the VA itself for help, but rather get an outside third-party like Disabled American Veterans or the VFW service officers to help you out. and never go to those self-appointed parties like VA claims insider or vet benefits guides! They charge you for a rating! I retired with 30%, but now at 90%. Unless you have a serious disability or disabilities, you have to have a LOT of stuff to be rated on to get 100%! Using VA math, once you cross the threshold of 86% disability or more, every 10% rating only counts as an additional 1%.

[@thegreenlogbook]

Powerful. Thanks for the comment. I hate to hear that fellow veterans are not getting the services or care they deserve. I'm all for helping folks get educated on what they've earned.

[@vaughanbelzonie8640]

Awesome stuff bro!

[@thegreenlogbook]

Much appreciated and thanks for watching!

[@ecuteacher5702]

Thanks for this!

[@thegreenlogbook]

My pleasure!

[@jonyoung6405]

If you want to use Tri Care , it’s not free , it has a monthly fee and does not cover dental or vision .

[@thegreenlogbook]

Thats right. I recently came across a "soon-to-be" retiree who assumed it was all included in Tricare.

[@glendacastillo6504]

TRICARE select is $14+ for a single person.

[@jondstewart]

@@jonyoung6405 no, and dental insurance is not cheap! I pay $179 for a family of four. And even when we go to the dentist for just cleanings and X-rays, there’s still a copay.

[@RodneyDempsey-o8w]

Tricare prime does cover routine eye exams every 2 years for military retirees.

[@jondstewart]

@@RodneyDempsey-o8w that’s good, because a lot of us who’ve just retired from the military are going to need glasses for the first time down the road.

[@bobdrago6965]

Better than average Americans.

[@adeimousragnarok8150]

Depends...20 years is 50% and 30 years is 75% of your highest paid paycheck...not sure if its still a thing but I heard that 25% was availible at 10 years...

[@thegreenlogbook]

@@adeimousragnarok8150 wasn’t a thing when I retired 9 months ago, though they did do TERA a few years ago, allowing folks to retire at 15 years.

[@adeimousragnarok8150]

@@thegreenlogbook oh shit...welcome to the 1st CivDiv...yeah I figured it would get tweaked quite a bit...got out 11 years ago after 13 so...probably Im just remembering it wrong

[@adeimousragnarok8150]

@@thegreenlogbook also you got yourself a sub...this info helps me help other Vets at the Veterens Memorial Hall since what seems to me missing from most Vets Utilizing Services is well, information

[@thegreenlogbook]

@@adeimousragnarok8150 Many thanks, truly appreciate the sub. Any way I can help get info out to fellow Vets, I’m in!

[@lionking68x]

also on high 3’s very year over twenty adds 3.5% to the retired calculator.

[@jermaineyoung977]

Not them charging $6 all the sudden for the app lol.

[@thegreenlogbook]

@@jermaineyoung977 I think that how much I paid for it sometime last year, can’t recall.

[@jermaineyoung977]

@@thegreenlogbook I purchased it. Only $6 lol, I’ve spent more on less but this looks legit so thanks for sharing.

[@WGHarleydavidson]

I am retired, and 90% disabled...the VA disability comp $ is not correct....other than that good job!

[@thegreenlogbook]

Thanks for watching. How far off what your computation versus what the app calculated?

[@brianharrington-ws2kj]

50 precent less then you brought in when you left but when i got as an e5 i brought home 800 dollars per month in reg pay after taxes due in part in was rated 50 precent disable by the va had to to use my retirement to pay for the offset in va comp rob petter to pay paul now i bring inn 17 14 per month which i brought in as an e4-e5 which was many moons ago then again i retired as an e5 and no i did not take the lump um offer that you had to pay back for lesser retiriement pay the gov funky math so unless you are an o5-10 then you can kick it on the beach and soak in the sun otherwise you still have to work and under roject 2025 they want to do away with crdp they call it double dipping either you get your va comp or your retirement as for retirement you are subjected to taxes unless you are in the state that dose not have state income tax or a state they don't tax military retirement pay if in a state that is fubjacted to state taxes on miltary retired pay then you have the choice to elect the amount this is done throur millitary retirement account through my pay and yes they produce a electronic statement now moving forwad if you are a 100 precent through the va there is no offset va comp is tax free for now who knows latter down the road all depend on ongerss so y ou did not stirke it rich in the military and you are sur not after the military

[@sgoodhew]

What if the member has a kid after retirement. Will thier retirement pay still go up?

[@thegreenlogbook]

@@sgoodhew it’s not the retirement pay that’ll go up, it’s the VA disability pay, as long as the kid is listed as a dependent through VA.gov

[@maxmuller1585]

Does this app cover active/reserve retirement? Before i purchased it I wanted to ask.

[@thegreenlogbook]

I just checked, there is a Guard/Reserve profile option. Looks like it supports.

[@commonsenseisntcommon1776]

As a military retiree, it's not enough

[@jondstewart]

Right, that’s why you need to push for at least 50% disability

[@commonsenseisntcommon1776]

@@jondstewart -agreed

[@glendacastillo6504]

As an enlisted, it's not enough for a mortgage in Texas. Good luck if you have young dependents.

[@jondstewart]

@@glendacastillo6504 it depends on where you live in Texas and how you want to live. I bought my first home in 2000 as an E5 in San Antonio. Paid $65,000 for it. It was an 1100 square-foot home in an older neighborhood. That same home is worth close to $200,000 today. Today unless you live somewhere like Temple, San Angelo, or Abilene, most Texas cities are expensive, especially Austin.

[@jondstewart]

@@glendacastillo6504 it depends on your lifestyle or what you’re looking for. I live in Alaska and when I retired initially, my mortgage was $500 more a month than what my retirement check was. I was stationed in San Antonio, half my career, and it was dirt cheap living there, but even now the cost of living there has gone up quite a bit