Military Money: Pay & Pension

There is another version that cost $5.99 and it does the exact same thing this one does. Although, this one hasn’t updated to 2022 yet, I won’t knock them for it because it’s still free! Thank you for making this app it can help so many young service members plan for their future. Also I highly recommend adding in the ability to manually update the BAH etc ourself in the case that you haven’t gotten around to updating the new pay charts! I wouldn’t mind doing that if it means the app stays free.

The app is pretty neat. A few things can be improved though, especially for those overseas. There is no OHA, just BAH. So I had to find a BAH that’s close to our OHA. There is COLA but it’s quite off, suppose to be $1200 and change but showing $800 and some. I know it changes but it shouldn’t be a few hundred bucks off. The deductions were close enough but family SGLI is showing $10 in LES and $7 in app. It’d be nice to have an extra, can fill in ourselves, for debt. For example for right now when we have to pay back the SS from Sept - Nov last year. Or, overseas people can borrow money for a rental first month since it takes a month for finance to sort out our OHA and this needs to be paid back in a year time. The app did crash once, within 5 min of first using it. I was messing with the TSP part, changed the ROTH to 95% and withdrawal start at age 60, and then crashed. I don’t recall now what I changed last but in that area. I couldn’t get app back on again. I closed all apps. Even restarted my phone and nothing. I had to delete and redos load and install the app to come back on. I have changed the area again, different percentages and age and so far still ok.

You know what they say, “a failure to plan is a plan to fail.” This app is the most all-inclusive tool for calculating your potential retirement pension and current pay and entitlements, as well as future pay trajectory. Features like planning promotions and planned contributions help give you a start and end point for possible returns to you TSP deposits. Every NCO and leader should encourage your troops to download and toy with the numbers. There should never be a reason we don’t all retire with dignity!