There are benefits to serving, but troops are not well compensated compared to the work performed. I'd also be interested in what you think the job market looks like for someone who has spent twenty years in a combat arms MOS. Most of the officers wind up well-prepared for management roles, but I don't know any enlisted retirees who didn't have a hard time transitioning.
Interestingly, the last one served ~2 weeks before receiving a medical discharge due to complications from a high-school football injury. He graduate high school, did practically nothing for two years before enlisting. Comes back a month later a veteran with a medical discharge and is getting multiple job offers.
Granted, special forces is pretty difficult to get into, you have to be smart and physically capable. So I'm sure there's a healthy amount of selection bias going on there. People capable of getting into the SF are generally capable of excelling anywhere.
Sounds fishy to me.
Re-enlistment bonuses in the SEALs can be as high as 6 figures...
The US is pretty terrible to their armed forces - but they're quite nice to the R&D side of the military, because that's the side that's in competition with private industry.
It's less expensive than private health care, but it's not free, and it doesn't cover everything, and it's standard government run bullshit. And it goes away as soon as you become medicare eligible and you have to go on medicare.