[1] - https://www.businessinsider.com/navy-seal-pay-compared-with-... [2] - https://fas.org/sgp/crs/natsec/RS21048.pdf [3] - https://beta.trimread.com/articles/16942
[1] - https://www.businessinsider.com/navy-seal-pay-compared-with-... [2] - https://fas.org/sgp/crs/natsec/RS21048.pdf [3] - https://beta.trimread.com/articles/16942
I forget the details, but my dad retired from the service after 20 years.
I think he gets ~50% of his basic pay. I want to say it's inflation adjusted as well.
Their salaries are low, so it's not exactly an amazing retirement. In a low COL state with Social Security it could be helpful assuming you've got everything paid off already.
TriCare is a medical insurance component, but I don't know the details of how good it is. I think for us it was useful as it could sometimes be used as coinsurance, picking up what our other insurance did not. But I also vaguely recall having issues with it being accepted, though I was a kid and didn't pay much attention.
All in all, you're definitely not joining the military to get rich, especially as an enlisted man.
Each year that you miss a promotion compounds. You can only miss so many promotions before it becomes impossible to hit the rank where you may retire.