TOP 10 Financial Benefits of Military Service

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★ How Much is the GI Bill Worth? - Amazing!
★ How Much is the Military Pension Worth? (Millions)
★ The Servicemembers Civil Relief Act - Know Your Protections and Benefits!
★ Military Tuition Assistance - Earn Your Degree for FREE While Serving
★ HUGE Military & Student Discounts w/ ID.ME
★ Paying State Income Tax in the Military (or NOT paying)
★ The BEST Military Credit Card Setup (6 Cards)

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Blended Retirement System Calculator

BAH Calculator

Military Discounts

ID.ME website for Military Discounts

VA Benefits

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DISCLAIMER:
This video is for entertainment purposes only. I am not in any way acting as an agent or representative of the Department of Defense or United States Federal Government when presenting this information. I am not a legal or financial expert or have any authority to give legal or financial advice. While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video.

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[dipaknadkarni]

Well said. In medical school my wife and I were poor and we received Navy Scholarships. Neither one of us expected to make it a career.
She died on active duty, not from her deployments but from a terminal brain tumor. She was buried with full honors in Arlington National Cemetery with full honors. That was in 2014 and I am grateful for the military being there for us.
I retired this year after over 28 years of service at an 06.
What you show is very succinct is absolutely right in the money.

[deadleague]

Military saved my life and turned it completely in the right direction! Thanks for sharing Jake.

[battlefieldbulls]

Joined as a private, earned a bachelor's while on Active Duty, Green to Gold ADO graduate, medical retired as a CPT with 14 years. Gentlemen, the opportunities are always there. It's up to you to seize them. No one can do it for you.

[ryneagheilim]

I like how in the military, you are judged by your duty. In the civilian world, you are judged by salary.

[roburb]

As a retired 27 year CMSgt (E-9), I can't tell people enough how fortunate I was during my career. Throughout my time, three AF paid for my AAS, BA, and MHR. There are so many benefits to serving and, IMO, the retirement can't be beat. You have no idea the freedom there is knowing you'll never worry about finances again. My retirement gives me the freedom to be truly risky with my investments, no bonds will ever be in my portfolio. You're just so far ahead of the curve. Medical care freedom that Tricare brings is amazing. So so many!!

🤣🤣🤣. My first LES was $687 per month, before taxes. Take the $100 MGIB payment and taxes, I was making a whopping $198 per payday in '91.

[koalafro]

really glad and interested to hear you joined at 32, as someone who's 27 currently still in school for their bachelor's and considering the benefits of joining the service.

[kevinonthank]

I should of joined when I was 18. I’d be retired and enjoying life more. Amazing benefits!! Wish someone sat me down and explained them to me in 1994!

[Theferg]

Wow!! I just found your channel. My son is in the Navy. He is a Seabee. I’m glad I found your channel. I’m definitely going to share it with him. Thanks for everything you do!!

[jnlopez]

This is the benefits video I needed! I’m 27 about to be 28. My wife and I just had a daughter and I need to make a change to secure my families future before it’s too late.

[Alvin_]

Recently separated Navy O-3. I think it is good to be aware of all the financial benefits of being in the military. The military is a job. A great, patriotic job, but it is a job. I noticed sailors, new and seasoned who were unaware of some of the amazing benefits we were afforded. More people should be made aware. ESPECIALLY those who are already proudly serving. Per you usual, great video Jake!

[thefauxjackie]

Jake! Thank you for your service and blessing us with this informative information with finance and military benefits!

[daves]

Few jobs in the private sector allow you pick up where you left off many years later and continue towards your 20-year retirement like the Reserves. A six-year veteran may be able to re affiliate with a reserve component to complete an additional 14 years for that pension. Nothing quite like it.

[jamesalias]

One thing you left out is joining the reserves if you don't want to do 20 years on active duty, but can do the remainder in the reserves to get your 20. Then at age 60 you will be eligible for a pension, be it smaller, but for one weekend a month (2 days but paid for 4 days) and 2 weeks a year it is well worth the benefits. I did 10 years active duty and got out because of my wife (ex now) and then did 10 years in the reserves and got out (again because of the ex), wish I would have stayed past my 20 in the reserves as that would have kept my security clearance active and added more points for a bigger retirement check, but foolishly I listened to my wife. One last bit of advise is to document, document, document any health issues while on active duty as this will make getting va medical services easier after leaving the service.

[Cyrillecaleb]

As a service member I totally concur. Great job Jake!

[jvflorez]

2024 ready to join the military not really knowing all this prior, really appreciate all this new knowledge

[ImpeccableMoment]

Great Video Sir!

Disclaimer: Not all service members receives BAH. Officers automatically receive this benefits fortunately but enlisted member, in example, in the Marines usually don’t receive this benefit until they hit the rank of E-6. Roughly between 10-12 years is realistic to make that rank. Obviously different Branches & MOS can vary that timeframe.

Different branches have different rules for BAH. Marriages & Dependents are the most common.

[valkyrie]

#1 take from this
DISCOUNTS AT HOME DEPOT HELL YA

[mightymouse]

as someone commissioning in may, these are helping a lot

[walterclark]

Thanks again brother Jake! These are the same benefits I tell people. I actually did a PowerPoint for my wife, to convinc her to let me join. The one thing that isn't on your list, because it isn't tangible, is the life experiences, and travel that we get to do. Keep up the great work! I think the recruiting office will be contacting you soon ;)

[KodaGSD-ufhg]

Thank you Captain excellent information I’m a retired Gunnery Sgt USMC my wife works at the VA and my Daughter is a Nurse at the VA we all need to learn more about the Roth Self directed IRA I commend you on such a detailed video