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BLUF: I made a lot of money while I was in the military, gaining millionaire status well before my recent retirement at 20 years in.
I’m visiting a friend in Hawaii right now. We have a lot in common.
He retired from the Navy 20 years ago.
I retired from the Air Force 5 months ago.
Like me, he retired financially independent and never worked again.
He spends his days surfing, hanging out with friends, and traveling.
What we did, anyone can do while they’re in the military.
We both had enough money saved up to never work again.
I’ll show you the exact steps we used to get rich in the military.
Getting rich in the military requires a different strategy than the average civilian. There are unique challenges we face for both how to invest and how to buy real estate.
Getting rich in the military can be boiled down to doing three things correctly:
- Saving Money while in the Military
- Investing while in the Military
- Real Estate while in the Military
I’ll talk through the specifics of each step then reveal at the end which one is by far the most important.
Let’s dig into this.
1. Saving Money while In the Military
The secret to saving money in the military is to grow the gap.
What the hell does that mean?
Growing the gap simply means expanding the distance between how much you spend and how much you earn.