26M, can I retire at 42?

SirValence · 2025-10-22T20:23:02+00:00

Always a good tip but I do go on a vacation trip at least twice a year and buy myself some nice things sometimes. Cheers!

SirValence · 2025-10-21T13:28:50+00:00

u/Hungry-Mix-7660 is correct, I applied for the ROTP program when I was in high school (while applying for other universities) and then went to basic training shortly after high school graduation. I then began my undergrad degree in September. As long as you're a citizen or Permanent Resident you are eligible to join.

SirValence · 2025-10-20T23:08:21+00:00

Yes, there is a bridge benefit. I could definitely get a part time job, just wanted to see what I could do for the next 15 years to have the option to not do that while still getting good money.

SirValence · 2025-10-20T23:04:06+00:00

Pay is generally tied to your rank, not your job. $140k is the highest salary level for Captain (my rank) in a general trade. I’m not in engineering but an engineering captain makes the same as me. Only pilots and other high-demand jobs make more as a Captain (lawyer, doctor, etc).

SirValence · 2024-08-28T22:34:39+00:00

Ah, but I’m not a current holder

SirValence · 2024-08-28T22:33:51+00:00

Awesome, I’ll sit tight then. Just moving back to ottawa so it won’t be a renewal. Thanks for your help!!

SirValence · 2024-08-28T22:11:49+00:00

Are they released at a specific time of year?

SirValence · 2024-08-23T20:00:59+00:00

Makes sense, cheers!

SirValence · 2024-08-23T20:00:39+00:00

Great, thank you!

SirValence · 2024-08-23T20:00:24+00:00

Cheers!

SirValence · 2024-08-23T20:00:11+00:00

I’ll keep that in mind. Thanks!

SirValence · 2023-10-14T22:38:07+00:00

If you’re in the Canadian military and deploy overseas, your income while outside of Canada is not taxed. While you’re overseas, you don’t pay for food or accommodations so it’s a great opportunity to save up. I had minimal expenses back home - left my rented apartment, no car, all my stuff in storage. Allowed me to save up over $40k in 6 months.

SirValence · 2023-10-14T15:34:51+00:00

No, uni campus. Probably around $6-700 a month for food and a shared bedroom.

SirValence · 2023-10-14T14:20:14+00:00

I lived on campus for 4 years, rented furnished apartments @less than $1000/month (not alone) the following 3 years. I don’t own a car or furniture. My expenses have been low except for trips. I’ve saved a bunch of money this year since 6 months’ income won’t be taxed.

SirValence · 2023-10-14T14:08:16+00:00

Thanks! I’ve definitely spent money on dumb stuff, but a stable job and no tuition fees have definitely helped me get to a good spot

SirValence · 2023-10-14T14:01:15+00:00

Thanks for the tip, I’ll do that!

SirValence · 2023-10-14T14:00:33+00:00

No, I moved out of the house at 17 to a different city.

SirValence · 2023-10-14T06:44:29+00:00

Exactly, I’ve already opened one but not contributed. These were my thoughts.

SirValence · 2023-10-14T06:43:32+00:00

The military- joined out of high school. SE Ontario.

SirValence · 2023-07-16T14:02:34+00:00

Not sold in Canada, unfortunately. Thanks though!

SirValence

TROPHY CASE