3 ms·
The easiest way to retire early is to enlist in the military, at least in the US, anyway. After 20 years of service, you are set for life with life-long retire
by otterpro 9y ago
The easiest way to retire early is to enlist in the military, at least in the US, anyway. After 20 years of service, you are set for life with life-long retirement pension and healthcare. Of course, there's a high risk, since there's always wars and deployments, etc and many don't make it past 10 years, after they get fed up with being in the military.
When I was in the army, I saw a lot of people in their early 40's who retired after their service, and many spent their time either working in another job, because of boredom of retirement, or activities like traveling. These were those who enlisted right after high school, with nothing but a HS degree, but they were doing much better off than my friends who had college and MBA.
- sjg007 9y agoIt's also a great way to go to med school.
- kamaal 9y agoMilitary pensions continue to be the top reason why most young people across the world are attracted to join the forces. But there is a catch though. You really have to serve the minimum time. And like you said most get either fed up, or they are discharged early. The other part is in many parts of the world, there is relative peace, so its a safe bet. Plus most of the times apart from the training days, they actually see good physical exercise everyday to its like a win-win job. In India armed forces have asked for a kind of roll over pensions, where every year your pensions are revised and you are paid as much as the highest paid servicemen retiring in the rank you retired from. Of course there is a lot of opposition from the civilian side for something like this. Given the relative peace in the Indian subcontinent, in most cases its possible for many people to make it through without much risk, and if you join early, you can come out by 40, with a neat yearly increasing pension for the rest of your life. They also have short service commission jobs in the Indian army, which don't carry these benefits. And they often go unfilled for the obvious reasons.
- ryanmercer317 9y agoIt's also a great way to end up with nagging injuries for the rest of your life, PTSD and or certain death.