Re:The work-from-home future is destroying bosses' brains
by FooBarBizBazz on Thursday June 10, 2021 @09:22PM
(#27468256)
Military isn't paid too badly once you factor in pensions and benefits. The amount of salary that you'd have to save to construct something similar out of 401ks is... high.
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Re:The work-from-home future is destroying bosses' brains
by CobaltFire on Thursday June 10, 2021 @11:41PM
(#27469036)
I don’t think many people understand just HOW high.
Aside from monetary compensation (which can range widely, and typically is made up of 25-50% tax sheltered disability pay) there is health insurance at a maximum out of pocket of $3600/year for a family ($600 premium plus $3000 catastrophic cap), tax free shopping, discounted fuel, free flights, remarkably cheap lodging all over the US and in allied countries, and the list goes on.
The last calculation I saw for an average Senior Enlisted retiree was that you would need a lump sum of in excess of $3 million to hope to compare, invested at a decent return. Albeit that’s not completely accurate, but it’s as close as we can get given such different financial vehicles.
Re:The work-from-home future is destroying bosses' brains
by blinding-streak on Friday June 11, 2021 @12:32AM
(#27469320)
The downside is that you have to serve in the military.