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@marc422 For sure. It happens though, and not just to enlisted. Assistant Secretary of the Navy Guerts was a terminal O5 while on Active Duty. Some people just are better suited for civilian employment vs. the military.

@marc422 It’s typically people who retired from the military at low grades, and are employed as high level civilians. Like they retired as an E6 but then got a job as an SES. In that case, the discrepancy makes it worthwhile for them to take the lower cut of the much higher pay.

@srla There isn’t an income limit for contributing to IRAs. For traditional IRAs, the income tax deduction phases out, and for Roth IRAs, you can’t do normal contributions anymore at a certain income limit. However, you can do a back door contribution by contributing to a normal IRA and then...

@srla In a way, you are both wrong. Your situation is not complicated enough to justify a financial advisor, but you also shouldn't just be dumping money into a savings account. Take some of that 270k and use it to max you and your husband's IRAs for 2019 and 2020 (24k total) Take the...