I don’t understand your point. What does a bank have to do with the benefits that I earned? If I had invested in a 401K or other civilian retirement plan, how much would I draw? On the pay I received, I couldn’t afford to invest in anything except food and clothing. During my 20 years, I qualified for welfare, but got second jobs instead. Now, I’me being told that I don’t deserve the benefits that I worked for. I just don’t understand your reasoning.
“Now, I’me being told that I don’t deserve the benefits that I worked for. I just don’t understand your reasoning.”
I’m telling you that in order to earn in interest what you get in military benefits, you would have to have a very large sum of money today. It exceeds $1M.
What I am saying is that no matter where you stand on the issue, a compensation package that includes comprehensive medical coverage, plus a monthly stipend that can be a little or a lot, depending on your rank requires a multi-decade taxpayer commitment from taxpayers who often cannot afford their own basic medical care.
The bottom line is that we’re broke and can’t pay what everyone thinks they are going to get for government, state, municipal, and military benefits. When will it stop? When we can no longer borrow to finance it all - whenever that happens - which could technically happen any time, given the size of deficits around the globe.