I've got to tell you... I considered heavily getting out at my almost 17 year point. I had a business that I was working on the side, and things seemed to be going pretty well. I was facing going straight back to the Enterprise, and she was in the middle of work-ups for deployment. So, here I am, 5 years later, retired for almost two years, and whenever I think that I might I have gotten out, I feel like singing songs of praise that I didn't. That was probably the worst 3 years I spent in the navy. An extended deployment, the worst shipyard drydock period I've ever been through.... I am so glad it's over, and so glad I stayed. The reason? Well, it's mostly money.
The retirement check picks up the house payment and the pickup payment. (I retired E-7) My standard of living would not be nearly what it is today without it. The insurance is key. We use tricare standard, and it picks up all my company insurance copays. A lot of folks around here are putting off retirement because they can't handle the insurance costs. I'll never have to worry about that, because when I re-retire, I'll just shift to tricare prime. That medical insurance is almost as important as the retirement check.
I know the decision is a very personal one.... I just wanted to tell you how I feel after almost getting out, and then staying in.
Good Luck,
Bill