Military Retirement

Military Retirement

By LYNNFIELD LLC

  • Category: Finance
  • Release Date: 2012-09-26
  • Current Version: 7.5.0
  • Adult Rating: 4+
  • File Size: 1.58 MB
  • Developer: LYNNFIELD LLC
  • Compatibility: Requires iOS 11.0 or later.
Score: 4.5
4.5
From 2,224 Ratings

Description

Military Retirement is an application intended to assist military personnel from all branches of military service by informing them of their benefits upon retirement from military service. Military Retirement gives assistance by calculating an estimation of retirement pay based on your personal information. Military Retirement incorporates four years of pay tables to provide the highest degree of accuracy. Compare multiple scenarios to determine which retirement option is best for you. Specifically, Military Retirement will calculate • RETIREMENT PAY : Based on Rank, Years and Months of Service, and Date of Retirement • SURVIVOR BENEFIT PLAN : Benefit and Premium • TRICARE MEDICAL INSURANCE : Options and Premium • DISABILITY PAY : Based on disability rating • VETERANS GROUP LIFE INSURANCE : Coverage and Premium • FEDERAL TAXES : Based on filing status ** Note ** Information provided by Military Retirement should be used for educational and initial informative purposes only. Should not be used to plan retirement budget, as actual financial figures may slightly differ. Currently this application only supports Blended Retirement System for active service members only.

Screenshots

Reviews

  • Essential app for all active duty military

    5
    By Horse667877
    What a gem! This app is so perfect I can’t believe it’s not standard issue for everyone in the military. Dead nuts accurate and easy to use without a lot of fluff. Easy-peasey worth every dime. A must have tool for all military personnel!
  • Must Have Retirement Tool

    5
    By Dave see
    If you are planning for retirement you NEED this app. It gives you accurate information and allows you to play with the numbers to see how things will affect you. I have shared this app with numerous people since I found it and all are extremely happy with it. Keep up the good work!
  • Does the math

    4
    By Bob the Lion
    Good app, does the math. It would be nice if it tied it to the references though.
  • Helpful

    5
    By chief Danny
    I found it very helpful, In planning when I should get out. And how long I should stay in, To reach my maximum goal.
  • Stress reducing

    5
    By Therooster70
    Cross checked this with my friends that have retired before me it gives pretty accurate figures ( <$100.00 difference) It doesn’t include your state taxes if you pay them on your pensions but it’s easy to estimate that. Disability figures as well seem close. They update the pay tables annually and you can estimate your other costs. Nice to have a trustworthy “early sight picture” of where I should be when I punch out in October. All of the senior folks at work have it.
  • Spot on

    5
    By CjmXjm
    30 years 1 week active. Retired. This app is within $1 of what my pay is. That’s because they only break time down by months. Excellent! Got VA disability, SBP, and all else correct. Be cautious of Fed tax though as your situation will vary.
  • Easy app!

    4
    By Furyous1
    Very user friendly!
  • Great tool for retirement prep

    5
    By PIXEL SHOTGUN
    I used to google these figures all of the time. This is a one stop shop and useful to explain things to my wife.
  • Useful but not for every retirement circumstance

    3
    By Defiance211
    I was medically retired early. The app doesn’t account for any less than 20 years of service.
  • Great, but needs to be updated

    4
    By mothmonsterman
    It will give you a good over view, but it needs to be updated. Taxes taken out are too high and the most recent pay raise hasn’t been taken into account.

Comments

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