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Showing posts with label Retirement. Show all posts
Showing posts with label Retirement. Show all posts

Keep Your Promise: Senators, Do Not Cut My Military Spouses Retirement Benefits

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AWC > Military Life > Keep Your Promise:  Senators, Do Not Cut My Military Spouses Retirement Benefits

It's like it was yesterday when I became an engaged to a Soldier.  We had the discussion almost immediately.  Does he reenlist or does he get out?  He had been in 8 years at that time.  I said, "I could stay in Illinois, you'll deploy in a year and when you get back you can get out.  I'll keep my 70K a year job and you can get out and go to school on your GI Bill."  He reminded me of the other option.  I give up my career, he stays in and get his 20 year retirement.   I said, "If I give up my high paying job, you better be in for 20 because I make more than you in pay and can make more than your retirement if I stay where I am."  He loved his country and his job.  We decided to live the military life.

Why am I am talking about all this?  Although what I share with you is our personal finances, it is crucial to understand that the recent retirement budget cuts suggested and promoted by Paul Ryan are interfering with my families financial future.  One ,that for the past 6 years, we have been planning for.  We aren't looking for a handout as Paul Ryan has implied.

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