Military Retire Pay
Military Retirement Calculator
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Description

Military Retire Pay application designed to view your current, past, and proposed future military pay by rank & years of service. It helps to calculate an estimate of retirement pay based on the provided information.

All the calculations are made based on the 2024 military pay charts based on the December announcement of a 5.2% pay increase by the Department of Defense.

You can choose the year for the calculation. This app supports the pay chart for yer 2020, 2021, 2022, 2023 and 2024. You can change the year within settings.

This application includes extremely developed algorithms to calculate your retirement pay. You will be provided approximate compensation based on your personalised inputs. You can compare multiple benefits to determine which retirement option is best for you.

Military Retire works for following types of retirement plans:
- Final Pay
- High-3
- BRS (Blended Retirement System)
- CSB/REDUX
- Disability

Features:
• Retirement Pay: Based on rank, time in service(years & months), and date of retirement.
• SBP (Survivor Benefit Plan): Calculate SBP Benefit and Premium. It works to calculate the SBP for given retirement pay.
• Tricare Benefits: Calculate Tricare Premium
• Disability Pay: Calculate disability pay based on disability rating along with other options.
• VGLI Coverage (Veterans Group Life Insurance): Calculate VGLI premium based on the given coverage.
• Create multiple profiles for retirement pay
• Compare Active Pay between two ranks. Graphical representation for easy overview & understanding.
• Share your calculated retirement pay along with other details.
• Mark favorite your profile and put it on top of the list.
• Clear all profiles and its related data in one go from the settings.
• One tap Reset - Reset your working calculation of retirement pay and start from scratch.
• Annual Pay Raise History - See the history of annual pay raise since the year 2007. It helps you to understand the annual raises of the past.


Disclaimer: All the calculations and information provided are estimated compensation based on your personalized inputs. This calculator is provided for informational purposes only. It is not intended to be used as an investment advisory tool or as a guarantee of the duration of the elected monthly payment amount. Please consult your counselor for more details.

Any information is not transmitted to any 3rd party nor it saved on any cloud. All data and calculations are saved within your device only.

No login account required to use this app. Once this app has been downloaded it can work offline for any calculations.

For any other suggestion or feedback do email us on "[email protected]"
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User Rating

4.65 out of 5

362 ratings in United States

5 star
300
4 star
31
3 star
13
2 star
3
1 star
15

Ratings History

Reviews

Already retired

Retired Dude 2007 on

No information if you are already retired.

App wanted me to download a separate app

anon&;!,&4 c on

It’s a paid for app.

Half half

Dsegui on

It’s just made for active duty retiree soldiers

Needs 2022 pay tables

redmoct on

App needs to be updated with h 2022 pay tables. Handy to get you a ball park figure.

Not good if your already retired

jdndndjnxnd on

No good if your already retired , only for current year retirees

Can’t set proper retirement date

Thomasstudios Productions on

I retired in 2012, therefore useless to determine pay. Only good for active duty, not current retirees.

Out of date waste of time

AUHorse on

Looks shiny but mostly a joke

So far so good

Mumof2gals on

My husband isn’t retired yet but so far the calculator picked up all the right numbers from all the different sites/resource. A nice one stop place to get a close enough estimate on how much we will be receiving once retired next year so that we can make financial plans and goals. The app seems stable. Hasn’t crashed or did anything odd since I’ve been using it. Great job, developer team!

Very Much Accurate...

hsgcity on

It worked as anticipated, I compared the same with military benefits website...they are very much around the same. Thanks for the app. Carry on the good work...🤘🤘🤘 Do add Guards pension option in there. Looking forward to it...

Numbers are wrong!!!

ollieGel2019 on

The pension isn’t correct when compared to my military retirement from my finance office. I want a refund - not worth $.99 :(

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App Info

Category
Finance
Publisher
Harjot Singh
Languages
English
Recent version
1.1.13 (1 week ago )
Released on
Jun 6, 2020 (4 years ago )
Last updated
1 week ago