Military Retirement

Military Retirement

By LYNNFIELD LLC

  • Category: Finance
  • Release Date: 2012-09-26
  • Current Version: 7.6.0
  • Adult Rating: 4+
  • File Size: 1.59 MB
  • Developer: LYNNFIELD LLC
  • Compatibility: Requires iOS 11.0 or later.
Score: 5
5
From 3,039 Ratings

Description

Military Retirement is a stand alone 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 the data you enter. This data is secure and does not leave your device and is not tracked in any way. Military Retirement incorporates highly detailed algorithms to calculate your retirement pay to the highest level of accuracy possible. Compare multiple scenario options to determine which retirement option is best for you.  No Login required. No personally identifying information to enter. No demographic tracking of who you are. No spam. Military Retirement works for Active Duty and Reserve/Guard for the following types of retirement plans: Final Pay, High-3, BRS, and CSB/REDUX personnel.  Specifically, Military Retirement will calculate • RETIREMENT PAY : Based on Rank, Years and Months of Service, and Date of Retirement. Also works for time in rank of less than 3 years. • 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.

Screenshots

Reviews

  • BEST MIL RETIREMENT APP ON THE MARKET

    5
    By Markus Maximus17
    Hands down the best, works as advertised and worth every penny. I look at it everyday pretty much.
  • Medical retirement <20yrs service

    4
    By Ate1530
    There should be an option to select a <20yrs service option so it doesn’t add in a retirement payment. Just confuses things... medical retirements are becoming more common with the “deploy or get out”.
  • Getting ready to retire

    5
    By ltc mason
    A great, accurate app that will show you to the dollar what you should receive in retirement. Helps me plan out various things as I get ready to retire in about 18 months.
  • Great app!!

    5
    By Buddy MF Lee
    I really appreciate this app and all of its great info and links to help me get any additional information needed.
  • Best retirement app on the market

    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. Also Nice that none of my personal info was required and I didn’t get spammed with email, because they never asked for it! A must have tool for all military personnel!
  • Great planning App

    5
    By DDJRH
    Love this for planning/dreaming of retirement! It truly is an all encompassing planner for you to actually determine what your take home will be in retirement.
  • Stress reducing app. Get it

    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.
  • Not adjustable

    2
    By rueffjam
    You can not change or adjust actual pay from DFAS. Developer should allow input of known payments as calculated by DFAS
  • Great for Guard too!

    4
    By KSaintJ
    So often there’s an app or website that’s geared towards the military, but when you check it out, it’s limited to the active component. Not this one - very pleased to discover it addresses the points and proration for Guard and reserve. Was equally pleased to see how well aligned the results are to my own excel tracking...this is much easier than excel.
  • Save your $6. Don’t buy this app

    1
    By Colo Springs Retiree
    You can do simple math to determine all the numbers listed on this app. It does not: 1. Allow you to manually input additional federal income tax withholdings. 2. It has no State Tax calculations. 3. It does not allow you to differentiate between full family/spouse/children only SBP premiums. 4. The app can not verify the time in service it uses for calculations (i.e., PEBD vs commissioning date as specified in the new DoD calculator which is free online). This app is just a $6 calculators and a scam.

Comments

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