Plenty … Millennials (defined as those born between 1981-1996) are an interesting generation. The same goes for other disqualifying factors, like education (which can be fixed with studying for the ASVAB or earning a GED) and financial concerns (which can be overcome through aid and personal perseverance). While millennials make up about 30 percent of the general population in the U.S., they constitute nearly three quarters of the service men and women in the military. Many millennials could have retired with 20 years in service last year. They experienced some traumatic events in their formative years: 9/11, the housing bubble and stock market collapse. In recent years, the biggest disqualifier has been obesity. When they serve in the military, however, millennials are speaking not just for themselves, but also for those who report to them. This article originally appeared on We Are The Mighty, 5 Reasons Why Troops Stick Together After the Military They saw the “dot com bubble”, 9/11 started two wars, and the housing market crashed right when they were trying to build wealth. Toward this end, the FINRA Foundation performed an analysis of the financial capability of millennials in the military using data from the 2012 National Financial Capability Study. According to recently released data from the Pentagon, only 10 million of the 34 million young Americans between the ages of 18 and 24 are eligible to serve in the military. 6 Dumb Things Veterans Lie About on the Internet, READ NEXT: 8 MILITARY TERMS CIVILIANS ALWAYS GET WRONG, U.S. Army, Vice Chair, Sergeants Major Academy, 5 Reasons Why Troops Stick Together After the Military, 4 Reasons Why Showering On Deployment is Disgusting, 7 of the Greatest Songs Every Veteran Knows, 6 Things You’d Take Back Before Leaving the Military, 6 Dumb Things Veterans Lie About on the Internet, 10 Jobs That Pay $100K Without a College Degree, 9 Companies That WANT You to Work From Home, 5 Differences Between Army and Marine Corps Infantry, 7 Military Things That Somehow Get You Fired in the Civilian World, 11 Best-ever Nicknames of Military Leaders. Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019. A Last Resort. While millennials make up about 30 percent of the general population in the U.S., they constitute nearly three quarters of the service men and women in the military. This is the continuation of a trend observed in 2014. As Ms. Rosemary Williams, DASD for Military Community & Family Policy, briefed at the July 2014 Financial Roundtable meeting, military millennials are also more likely than other millennials to live away from urban areas and, not surprisingly, own cars and carry auto loans. By FINRA Investor Education Foundation Staff. Millennials—those born between about 1978 and 1994—came of age in an America that is different than it was for previous generations. Included in the same article, there were 1,340,533 active-duty troops in the military in 2015, including the United States Coast Guard. ations—baby boomers, Generation X, millennials, and Generation Z—who will serve either as enlisted soldiers, officers, or cadets in 2025. Keith Humbard. According to recently released data from the Pentagon, only 10 million of the 34 million young Americans between the ages of 18 and 24 are eligible to serve in the military. Only 9 percent of active-duty members were older than 40 years-old. This is the continuation of a trend observed in 2014. They joined the military after 9/11 and see the world through a lens that includes terrorism. However, it’s Gen Z that now makes up much of the military recruiting pool (and forms 15% of Active Duty Enlisted in the Marine Corps). See their good qualities. To make those numbers, 1.82% of the total 18-24-year-old American population that can enlist must do so. They joined the military after 9/11 and see the world through a lens that includes terrorism. The influential Harvard poll found that 16 percent of the 18-29 age group had joined the military. Basic training isn’t designed to get unhealthy people into fighting shape — it’s about getting reasonably fit people combat-ready. Appears in Winter 2016. Military Millennials Are Different — Those who have signed up to serve our country now and in the coming future are Millennials. Millennials (born between 1981 and 1996) have experienced a lot in a short period. Millennials (defined as those born between 1981-1996) are an interesting generation. This is the continuation of a trend observed in 2014. At that time, the years following the Vietnam War, nearly three-fourths of lawmakers had served in the military. As the Washington Post reports, millennials “want jobs that affect social change, and they give what they can. Life in the military isn’t easy, but if you serve long enough the financial rewards, at least, are great. Here are 10 characteristics of military millennials that leaders need to understand as they engage and lead them: They are mostly in the rank window of E5-E6 and O2-O3. (Photo by Scott Sturkol). Written by Guest Blogger | March 13, 2014, Start an emergency fund by saving $10/week or $40/month to save $500 by the end of the year http://ow.ly/rswS2. To properly sustain the ranks, recruiters need to find the U.S. Army 80,000 new troops, the Marine Corps needs 38,000, the Air Force needs 33,000, and the Navy needs 31,000 annually. The poll found that support for Trump among the 1,018 active duty troops surveyed had fallen to 38 percent in 2020 from 46 percent ... 113 served in the military … If they’ve worked to earn their spot on the team, they won’t take it for granted. A Last Resort. A new survey shows how Millennials' views on military intervention are both similar and different to generations that have come before. 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