Editor's Review
Planning for military retirement can be overwhelming, but it doesn't have to be! 😓 Military Retirement is your personal, pocket-sized guide to understanding and estimating your retirement benefits. This standalone app is designed for military personnel from all branches, offering a secure and private way to explore your retirement options. 🛡️
Key Features:
Retirement Pay Calculation: Get an accurate estimate of your retirement pay based on your rank, years of service, and retirement date. The app even handles scenarios where your time in rank is less than 3 years! 💰
Survivor Benefit Plan (SBP): Understand the benefits and premiums associated with the Survivor Benefit Plan, ensuring your loved ones are protected. 👨👩👧👦
TRICARE Medical Insurance: Explore your TRICARE options and associated premiums, helping you make informed decisions about your healthcare coverage. ⚕️
Disability Pay: Calculate your potential disability pay based on your disability rating, providing a comprehensive view of your benefits. ♿
Veterans Group Life Insurance (VGLI): Determine your coverage and premiums for Veterans Group Life Insurance, securing your family's financial future. 💼
Federal Taxes: Estimate your federal taxes based on your filing status, giving you a clear picture of your financial obligations. 🏦
No Privacy Concerns:
Worried about your data? Don't be! Military Retirement requires no login, collects no personal information, and does not track you in any way. Your data stays securely on your device. 🔒
Multiple Retirement Plans:
Whether you're Active Duty or Reserve/Guard, this app supports various retirement plans, including Final Pay, High-3, BRS, and CSB/REDUX. 📑
Scenario Comparison:
Compare multiple retirement scenario options to determine the best path for you. See how different choices impact your retirement pay and benefits. 📊
Important Note:
While Military Retirement uses highly detailed algorithms for accurate calculations, remember that the information provided is for educational and initial informative purposes only. Actual financial figures may slightly differ. Consult with a financial advisor for personalized retirement planning. 💡
Military Retirement is developed by Lynnfield LLC, a disabled-veteran owned company. 🇺🇸
Features
Calculates retirement pay based on various factors.
Estimates Survivor Benefit Plan (SBP) benefits.
Provides TRICARE medical insurance options and premiums.
Calculates disability pay based on disability rating.
Estimates Veterans Group Life Insurance (VGLI) coverage.
Calculates federal taxes based on filing status.
Supports Final Pay, High-3, BRS, and CSB/REDUX plans.
Considers time in rank for retirement pay calculation.
Pros
Estimates retirement pay with high accuracy.
Compares multiple retirement scenario options.
No login or personal information required.
Works offline, data stays on your device.
Supports Active Duty, Reserve/Guard, and various retirement plans.
Cons
Estimations may slightly differ from actual figures.
For educational and initial informative purposes only.