I'm retiring after 20 years as an O5. I always heard contractor pay is great, but really my regular military compensation comes out to about 200k because I live in a HCOL area. The job boards, even cleared jobs, can't seem to match that, and I can't find a retirement mentor because a lot of O5s leave the area, so all the retirees around me are retired O6s.

Is it realistic to look for a 200k contractor job, or do you make less as a contractor and then use your retirement pay as a raise?

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Well, I didn't start out at 200k, I started at 100k and I retired 24 Yr officer with TS/SCI. It took climbing the ladder through jobs and experience to hit that level. I will say it depends on background and location. Companies are not supposed to leverage your retirement against salary but they will try. Its important to know what the job usually pays across the board.

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Sir,

Those 200k jobs are out there... but tough to nail down.

One of your best avenues for landing a gig like that will be building a robust network prior to seperation.

LinkedIn is a great platform. And as a Veteran, you get LinkedIn premium free for a year.

Find me on LinkedIn at Jerryyoung11b. I may be able to assist and offer some guidance.

V/R,
Jerry Young

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Saudi contracting. That boy band money from GWOT is over.

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...and the best advice I received was from another retired O6 who was working in Afghanistan. He said to consider location, job satisfaction, and salary, then pick one. I chose location and accepted whatever salary I could find.

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I also retired as an O-5 in a HCOL area. I think the other comments about what you do and where you do it definitely apply. I don't know that I qualify as a retirement mentor, but in the two years I've been out have experienced some of the ups and downs of gov't contracting and would be happy to discuss. Look me up on LinkedIn if you're interested. Just shoot me a message saying you're the War Plans Analyst...

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I retired after 27yrs as an LDO, CTR job I picked up was due to network while in uniform taking a support role that worked with prior positions I held. I started at $125 recently with growth potential in our company and some great benefits. I did see and turned down a few opportunities that were near the $200K range however for me it was location/flexibility and quality of life that made the choice. If you want to get into a role with the big boys with defense IE: NGC, Raytheon, LM... those pay bands are open it just depends on what you are willing to work, and travel. It is a challenging time time and stressful however if you network and reach out with a strong resume you will be fine. Best of luck!

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I retired as an O6 in 2013 in a HCOL as well. Started at $110K. Don't believe what everyone tells you. It took me five years to get to $250K. But I also always flew first class, had a Gold health insurance policy, generous 401(k), etc. The Gold policy itself was amazing.

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As a separated O-4 with just under 10 years in service, my starting contractor salary was $150k. Based on what my retired coworkers make, it definitely doable to be in the $200k range. That said, I think it is very dependent on the career field and the program you would be working on. Flight test, my field, is known to take place in typically undesirable locations. The company acknowledges this, so they up the compensation to entice people to move here.

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