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I believe the only lasting restriction is speaking about the work due to an NDA, which is not that different than NDA restrictions on speaking about private sector trade secrets and intellectual property. The other restrictions only last if seeking to maintain the clearance or employed in a position that requires a clearance. Clearances expire except for the NDA.

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These NDAs are backed with extremely onerous jail sentences, which is IMO a meaningful distinction vs. other types of NDAs.

Beyond that, all your paperwork to get that clearance is in the government’s hands now. In my case that included a full SF-86 and fingerprints, which the government would otherwise not have from me. So it’s IMO accurate to describe the consequences as “lifelong”.

Truth be told, having left that line of work long ago, it bothers me these pieces of info about me are out there somewhere in Uncle Sam’s possession.

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