http://themilitarywallet.com/military-retirement-pay-enough-retire/ Personal finance for military, veterans, and their families Thu, 09 Sep 2010 09:50:42 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://themilitarywallet.com/military-retirement-pay-enough-retire/comment-page-1/#comment-2433 Retired guy! Sat, 10 Apr 2010 18:28:44 +0000 http://themilitarywallet.com/?p=75#comment-2433 Liked the article. The problem with MOST active duty military and military retirees is they live beyond their means and paycheck to paycheck. Most people are spenders not savers and until they figure that they need to save for their future...they will continue their lifestyle of living for today. No amount of money can sustain a lifestyle if you spend more than you earn. $20-30k a year in reirement benefits can sustain the living expenses for a family of 6 if it is spent wisely. I know because I am reired and spend my $20-30k wisely. No debt. Thanks for the info! Liked the article. The problem with MOST active duty military and military retirees is they live beyond their means and paycheck to paycheck. Most people are spenders not savers and until they figure that they need to save for their future…they will continue their lifestyle of living for today. No amount of money can sustain a lifestyle if you spend more than you earn. $20-30k a year in reirement benefits can sustain the living expenses for a family of 6 if it is spent wisely. I know because I am reired and spend my $20-30k wisely. No debt. Thanks for the info!

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