Military Retirement

Military Retirement

By LYNNFIELD LLC

  • Category: Finance
  • Release Date: 2012-09-26
  • Current Version: 7.0.0
  • Adult Rating: 4+
  • File Size: 2.42 MB
  • Developer: LYNNFIELD LLC
  • Compatibility: Requires iOS 8.1 or later.
Score: 4.5
4.5
From 1,117 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

  • Ok app

    2
    By seahag74
    This app is ok if you do not know how to do simple excel formulas or are too lazy. Not sure why I thought it had a countdown. Would have been a better app if that was included. Oh well, I will take this as a $3.99 lesson.
  • Not bad, missing one critical point

    3
    By Salty WO
    This app works well, but fails to address individuals that retire with only two years at their present grade. For example: A CW3 with 22 years of service, but only two years time in grade will not get an accurate accounting of their HIGH 3 compensation.
  • Nice to have if you’re a Reservist

    5
    By KillRbee18
    A must have tool to have if you are retiring any time soon
  • Real deal

    5
    By Horse667877
    Eliminated all the guesswork out my retirement budget and post career planning. They should issue this app to new recruits and all serving personnel. Cheaper than a beer and useful for life. Great bargain. Thank you.
  • Pretty good!

    4
    By Nickname37346363
    For high 3, can you add an option to specify multiple pay grades for that time?
  • Date of Rank

    4
    By mylife1234
    Can you add the date of rank which will provide a more accurate retirement pay when considering high 3? I’m an E-8 but will only have 2 years calculated as an E-8 and the call doesn’t take that into consideration.
  • Need state taxes

    3
    By banddkerr
    Need to include state taxes.
  • Great App

    4
    By cns_kinser
    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.
  • Accurate

    5
    By k-love78
    Neat app that makes crunching retirement numbers easy and in one place. Updated with 2018 pay tables.
  • Great app

    5
    By janciehorse
    Nailed it! Perfect.

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