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the NPV of a Commander in the Navy is 1.3M dollars at 38...no risk
by RobRivera 5y ago
the NPV of a Commander in the Navy is 1.3M dollars at 38...no risk
- aj7 5y agoExcellent comment. I’m now 70 and well-to-do. But I was a fool to go into private enterprise with all its interpersonal dishonesty. Government jobs at the national labs had superior NPV’s— the pensions are absurdly expensive taxes on struggling workers when carried out to the 85-year typical lifespans of workers. There were layoffs, true. But I understand the psychology and passivity of persons who managed to get themselves laid off.
- deleted 5y ago[deleted]
- washclothjr 5y ago> no risk
- angry_octet 5y agoApart from the inconsequential risk of death or disability of course.
- coldtea 5y agoYou also have that risk as a civilian. In some places in the US quite more so than on a warship...
- angry_octet 5y agoYou also have the choice to take action to avoid risk. That choice is not available in the military. You're trading a lot of freedom over those 20 years. (Did I mention how expensive getting divorced is?)
- fsckboy 5y agoyou guys are kind of using NPV ambiguously. You mean that when you retire at 38, the NPV of your retirement plan at that point (for when you are 39, 40, ... etc.) is $1.3M, and if you haven't retired yet then it's really a FV? what discount rate are you using? or did you mean the NPV when joining at age 18 is... see what I mean?