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.
• Added the ability to reorder profiles
• Fixed a typo on the Retirement Pay Info screen
Ratings and Reviews
This is a great app to have when no one will help you figure out your retirement pay and the calculations through DFAS don’t take account for REDUX. The one that doesn’t let you use a previous date. I would like to use my pay date for the calculation because your TAFMSD is not always the same as in my case. Other than that I like it and Thank You for developing something that comes closer to figuring this out than DFAS does.
Latest update corrected!
Update: issue fixed- it is now functioning as designed.
Just did the latest update (released 23 Jan 2018) and it has stopped working. All the fields remain blank after selecting different inputs to calculate monthly retirement income.
Fast, easy, and accurate
The app is easy to navigate, once info is plugged in its fast, and gives an accurate picture of what your retirement pay will look like. Excellent job!
With Family Sharing set up, up to six family members can use this app.