This article is about retirement from the military, discussing financial planning (Social Security, 401(k), IRA) and starting a new career in civilian employment. Links to the Small Business Administration (SBA) and GovJobs.com.
This article is about financial planning for retirement from the military and what factors to consider, including insurance, pension plans, stocks and bonds. Links to the Department of Labor (DoL) inflation calculator, FFSC, MCCS, the American Savings Education Council (ASEC) Ballpark Estimate calculator, the Defense Finance and Accounting Service (DFAS) Money Matters section, Thrift Savings Plan (TSP), the Internal Revenue Service (IRS) Small Business and Self-Employed Community, and Social Security Administration (SSA).
You've lived on base, off base, rented and bought. Now it is time to settle down and choose the home you are going to retire to. Learn how to choose a retirement home by determining your financial situation, whether you will have a civilian career, and where you want to live.
Learn about financial planning for a spouse after the death of a Sailor or Marine, including dealing with a large sum of money, resisting being rushed into financial decisions, finding an honest financial adviser, budgeting, and updating your will.
This article is about Social Security, including FICA, the Social Security statement, how benefits are calculated based on credits; and retirement, disability, and survivors' benefits. Links to Medicare, the Thrift Savings Plan (TSP), and several sections of the Social Security website.
LIFELines is sponsored by the Assistant Secretary of the Navy for Manpower and Reserve Affairs and funded by the Center for Personal and Professional Development.
Military Life
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