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Updated about 11 years ago, 11/05/2013

Account Closed
  • Portsmouth, VA
3
Votes |
43
Posts

Question for former military service members. To retire and invest late or get out and invest early?

Account Closed
  • Portsmouth, VA
Posted

Should I retire and start my investment, or should I get out and start investing early? I'm 24 years old, married, and I've been in for 3 years and currently an E-4 in the Navy. Just like every other service member out there, I'm hooked to the fact that we can retire in 20 years. I would be 41 years old when I retire if I decide to do so or if the Navy chooses to keep me.

To be more specific, I would like to know what investors who used to be in the military think about the decisions they made while making the transition from military to investor. To investors who got out and went full time early, what are the pros and cons for you? For retirees who plan to become full time investors but have just started investing, are you satisfied about your decision? what are your pros and cons? If you think I would have more advantage to invest while serving, I would like to know why and how. My intention is to become a full time investor in the future and any little information that you would like to share would be very helpful. And I also want you all to know that I really appreciate the wisdom that bigger pockets had taught me in the short time that I've been a member here. Thanks.

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