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.
/////////////////////////
And just how would you suggest that a enlisted person in the military get the money to invest in order to get that $1M?
When I retired as a E-6, I was earning $1200/mo before taxes. I had a wife and 2 children. A civilian doing the same job (FBI Special Agent) earned twice as much and didn’t live or work under the same conditions. My cost for Tricare is zero because I am over 65 and was required to sign up for Medicare which costs 3 times as much as I was paying for Tricare before I turned 65. Tricare now only pays for what Medicare doesn’t cover. I’m sorry if you can’t understand that military benefits is not available to everyone, however everyone has the choice of going in the the military or now (except for certain persons).
“And just how would you suggest that a enlisted person in the military get the money to invest in order to get that $1M?
When I retired as a E-6, I was earning $1200/mo before taxes.”
Excellent question. They have to take the $1M from the taxpayer. The taxpayer also has to be willing to give it to you.
Rather than tell the military retiree, the federal retiree, or anyone else who gets a government benefit check “No, you can’t have it” and also to avoid having the taxpayer tell the government “No, you can’t have it” the government elected to borrow $15 Trillion over the past 30 years or so.
Soon “No you can’t have it” will be the refrain heard from the folks who used to loan us money.
Then the government will simply print the money it wants to spend - and we will all soon have nothing.