Is this the happy story? Everything went right, jumped right into a good paying job. No. This is a story of what really happened.
Was I really ready to retire after 23 years? Not really, I loved the Army. I pinned on CSM at 19 years, but in anger, I refused my follow on assignment from Korea (at the time it was a really dumb thing to), so it was retirement instead of Ft Rile, K.S.
I thought as an E-9 my retirement check would support me in the style I was used to. Unless you have planned and saved it will not. Was I ready? No. But I made the decision, signed the paperwork and worked until the day I left Korea. No transition time. Five days later after arrival at Ft. Carson to out process I was on terminal leave/permissive TDY.
I really didnt know how bad it was going to be because I had almost three months before I officially retired. Money was coming in, I was not worried.
Big mistake. (First the money in your TSP means nothing until you are 59). I am [saying] you need money in the bank to fund your life style until you are up and running in the civilian world. (I never had a TSP avaiable).
If you want to go to school you will need even more money in the bank. Paying to live and attend school is very expensive. The GI bill will help but won't pay you to go to school and live.
Take advaqntage of all that is offered and finish your degree while in the service. I made all the excuses, I am young I have plenty of time, I am a Tank Commander, I am the Platoon Sergeant, I am a First Sergeant, I am the CSM, I dont have time to go to school, I will do it when I retire. How many times did I say that. Too many!
First and foremost, make a two- to five-year plan and stick to it. Do not retire from an overseas assignment if you can help it. You need the time to network and plan for you transition.
Try your best to end up at the base closest to your expected retirement home for your terminal assignment. If not, buy your home there before you retire (previous assignment).
You need a year or more from ETS/retirement in many places to get approved for financing a home.
Having avaliable military hospitals close makes medical easier, Commasary, PX (no sales tax), think about this when you plan your retirement location.
Pay off those car payments. It means reduced insurance rates and more disposable income. I thought people would line up to hire me. Hey, I was a CSM everyone should want my experience. I learned quickly education (diplomas) meant a lot more than experience.
So what did I do?
First, I applied for my VA disability while I had a copy of my medical records and could remember the who, what , when, where, etc ... needed to back up my claim. The claim took almost two years before the final decision was made. I know it is faster now, but, do not put off filing your claim, do it as part of your outprocessing. Make at least two copies of your medical records before you retire. And, if there is something wrong with you go to the doctor, document it, don't gut it out. (It is kind of hard to tell the VA doctor doing your evaluation "I have had bad knees for 15 years" and you never went to the doctor and there in nothing in your medical records). You have no idea have quickly your body can degenerate after 40,50,60,70 years of pushing it. Everything, every little thing might be a permanent disabling condition in 20 years. (Were you exposed to something radioactive, DU, etc...?) It took 20 years after the Vietnam war to decide Agent Orange caused several disabilities. If you think it might cause problems in the future get it logged/recorded in your claim now. The VA is good, but if you dont tell them, or document it, they have a hard time helping you.
Then I went on the job hunt. I did it all, job fairs, networking, headhunters, calling the old guys who were my mentors, calling in the blue chips. I held several jobs in the first year. Decent pay but nothing to talk about. I just couldn't deal with the civilian world mentality. I wanted and needed disipline. It was missing and for some of us it is hard to do the 9 to 5 when you have done 24/7 since you were 17.
After a year of trying to decide on work or school I threw my hands up in the air. I decide I was going to go overseas and be a contractor.
I started with a 12-month contract in the former Yugoslavia (vs. another offer in Saudi Arabia) and ended up staying over there for five years. Then Kuwait for six months. Contracting, believe it or no it a small world. Never burn a bridge. Six months into Kuwait I was asked to do a 10-day, short-term fill in for someone in Germany. I took a scheduled break and went to Germany. That 10 days turned into three years in Germany, Turkey, and Kuwait.
Someone I worked for in that time bought a company and asked me to come to work for them. I have now been working for that company since Sept 2004. I am the Director of Overseas Operations and live in Egypt. (yes, there are accompanied overseas jobs in the contracting world) My family is with me. This wasn't always true but has been for the last five years.)
Is this what I had planned for my military retirement (I didnt have a plan)? No. But looking back I am financially secure, own several homes in the USA. Have a lot of money in my 401K. More money in the bank than I ever thought I would. I am going to finally retire in two years at the ripe old age of 55. I have it all planned out. The money is in the bank, the houses are paid off, and my daughters college education is already set aside in the bank.
Retirement from the military for me was the end of phase one of my life, phase two has been a great ride. In two years I will start phase three, retirement for real. Believe in yourself, be open to all ideas, and never give up.
Trust me, I am well off, but If I had it all to do again , I would have never refused my assignment to FT Riley. I think I would have done 35 years. Do not make a retirement or ETS decision when angry.
(Submitted by Ed Braese)
Recent Comments