Military Retirement
4.5

Military Retirement

  • Category: Finance
  • Release Date: 2012-09-26
  • Current Version: 7.3.0
  • Adult Rating: 4+
  • File Size: 2.48 MB
  • Developer: LYNNFIELD LLC
  • Compatibility: Requires iOS 8.1 or later.
  • Rating Count: 1 679

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

  • 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.
  • 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 for taking out the guesswork for retirement planning - and even helped with the bonus!
  • 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.
  • Useless

    1
    By none544
    Failed to mention that it is only good for people who retired in 2012 or later. Useless to me. I want my money back!
  • Great tool!

    5
    By Dave see
    Best app to give you a quick understanding of benefits. Allows me to council junior members quickly and efficiently. Very streamlined
  • Great Veteran App!

    5
    By BRod2018
    This is an excellent app! There are very few tools to help veterans calculate potential retirement compensation. Luckily, this is a game changer.
  • Doesn’t seem like it updates yearly

    4
    By MLJousma
    Does this update yearly with pay raises and cola increases? Can’t tell. It’s a handy app but number seem old.
  • BEST

    5
    By Retired Navy.
    Best military retirement calculator period!!! Spot on!!!
  • save your money

    1
    By cannot rate all names taken
    dont get this app it should be free just print tour les
  • Waste of money No State Tax option

    1
    By blkj!
    This is a waste of money. No state tax option so you can’t calculate your true pay! I want my money back
  • New Life

    5
    By Ice cream Kupkake
    This makes planning for post retirement budgeting very realistic.
  • Love it

    5
    By Mister Mike S St
    Great app very helpful
  • Great app but missing prior military experience

    3
    By Ready500
    The site is great for simple data input but lacks the ability to account for prior experience. For instance, prior reserve time may increase pay but not count for retirement time on active duty. The increase in pay has the affect of increasing the Member’s high three due to the increase in pay.
  • Missing CRSC calculator and Dental option

    2
    By Dickpiston
    It seems accurate minus a few options
  • 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
  • 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.
  • Latest update corrected!

    5
    By RedlegRanger88
    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.
  • Great

    5
    By Nike is omg
    Great app
  • After 4 years the app has always been off

    2
    By SSenkbeil
    When attempting to contact developer the app shuts down as that part is broke. Numbers always off, sometime wildly. Most suspect is the preloaded “suggested” review praising the app that appears when I went to review the app. Nonetheless it is a great concept and full of potential.
  • Great app

    4
    By Jeff CG
    The app is very user friendly. Easy to navigate and use and I believe the numbers are very close. Thanks for the app! 28 year Active Duty member
  • Outstanding

    5
    By Maucherri
    I recommend this app to every military personnel, specially those who already now the time is coming sooner than not!
  • Only for those retired after 2012!

    1
    By Jimmy360
    Looks like a great app but they fail to mention it is only good for those that retired after 2012! Really think you should mention this in your description. Just spent $3.99 to find this app useless. Will they upgrade it to include earlier years???
  • Great app

    5
    By Tall Guy Tom
    This app is a great guideline for telling me what I’ll be receiving upon retirement.
  • Excellent resource

    5
    By Strokediggity
    Great for planning purposes. Thanks!
  • Limited for those retiring using high-3 shortly after promotion

    3
    By jrhhunter
    Also, does not calculate retirement if you retire within three years of your promotion.
  • High 3

    3
    By finnvomshonwasser
    Add the ability to calculate less than high 3. Two years current rank. One year previous grade.
  • No TERA calculation!!??

    1
    By Biggy91929394
    This app does not any other retirement calculations other than regular retirement. It should be disclosed before spending money in this useless app.
  • Must have!!!

    5
    By CCC 73
    This app is swift and efficient. Hands down the best retirement app I've seen!
  • Excellent App for calculating military retirement pay!

    5
    By joshaf1
    I'm going through TAP class right now, and this app has stayed up to date for all the dollar amounts throughout the class!
  • Love it

    5
    By buc20
    Easy, simple, accurate idea of what to expect for retirement. Ability to run different rank projections.
  • Fast, easy, and accurate

    5
    By Bad spree
    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!
  • One thing

    5
    By madmanque
    The calculator does not reflect the updated VA compensation tables.
  • Missing two key data points

    2
    By ThisAppVeryInaccurate
    Off by $800 at least Purchased app upon recommendation of other service members. Disappointed tho as two critical pieces of necessary info not considered. pay entry base date (not same as years of service for the % 50-75 of retirement) and months at current rank --if less than 36 that makes a difference
  • Pretty useful & accurate!

    5
    By Bloodrain81
    This is the app you don't want to be without. Being in the Military gives you advantages to see your pay through DFAS. Having this app gives you an informed decision about your projected retirement pay. Don't retire without downloading this app.
  • Planner

    2
    By Hub runner
    Please consider adding two enhancements: 1) A function to allow user to select a federal tax bracket. As your in-app describes, the tax portion can include many variables; however, calculation with user added tax bracket would provide more realistic estimates of net income prior to considering state tax implications. 2) Adding another layer to select a state of residence would also help users in planning, as many states do not tax military retirement income. Knowing which states exempt is very useful information. This is all information I would expect to be calculated for me considering the cost of the app. Nice start, needs more work!
  • Excellent for mil retirees

    5
    By Dxhfvkugktwm
    Straightforward and simple to use, information is accurate and useful. Do wish it had tricare retiree dental program included, but still 5 star usefulness.
  • Great vet app!

    5
    By jdjquest
    Simply a must have for that next chapter!
  • Best app ever

    5
    By Drew1963usn
    Best app ever! Really fantastic job and wonderful tool for retirement planning. You saved me lots of time and answered more than I thought I needed to know! BZ!
  • I want a refund-- useless app

    1
    By Siligurl2014
    Nothing in the app description said you HAD to have 20+ years of service to use this app. What about those of us being medically retired at 15? Utter waste of money. 😡
  • Good App

    5
    By tbass73
    Pretty good app because it gives an estimated idea covering more than one cost. For example healthcare and SBP.

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