Discover the comprehensive Active Duty Retirement Planning Checklist, encompassing all facets from financial preparation, eligibility to post-service transition.
1
Determine retirement eligibility regulations and criteria
2
Compute estimated retirement pay using Defense Finance and Accounting Service (DFAS) tools
3
Review military service history
4
Approval: Service History Verification
5
Consult with a retirement services officer
6
Develop a financial plan for life after retirement
7
Request and receive retirement counseling
8
Approval: Post-Retirement Financial Plan
9
Submit retirement application
10
Receive retirement approval from commander
11
Approval: Retirement Application
12
Plan for a medical examination
13
Obtain Department of Defense (DoD) ID Card for Retired Military Personnel
14
Enroll in federal health and life insurance programs
15
Attend pre-retirement briefings and seminars
16
Plan for transition from active duty to civilian life
17
Approval: Transition Plan
18
Submit request for terminal leave
19
Prepare personal affairs and final will
20
Set up retirement ceremony arrangements
Determine retirement eligibility regulations and criteria
In this task, you will need to determine the retirement eligibility regulations and criteria. This is important to ensure that you meet all the requirements and are eligible for retirement. By understanding these regulations and criteria, you will be able to plan your retirement effectively and avoid any complications. Do you know where to find the retirement eligibility regulations and criteria?
1
Yes
2
No
3
Not Sure
4
I need assistance
Compute estimated retirement pay using Defense Finance and Accounting Service (DFAS) tools
In order to have a clear understanding of your financial situation after retirement, you need to compute your estimated retirement pay. The Defense Finance and Accounting Service (DFAS) provides tools and resources to help you calculate this. By knowing your estimated retirement pay, you can make informed decisions about your financial plan for life after retirement. Have you used the DFAS tools to compute your estimated retirement pay?
1
Yes
2
No
3
Not Sure
4
I need assistance
Review military service history
Approval: Service History Verification
Will be submitted for approval:
Review military service history
Will be submitted
Consult with a retirement services officer
Develop a financial plan for life after retirement
Request and receive retirement counseling
Approval: Post-Retirement Financial Plan
Will be submitted for approval:
Develop a financial plan for life after retirement
Will be submitted
Submit retirement application
Receive retirement approval from commander
Approval: Retirement Application
Will be submitted for approval:
Submit retirement application
Will be submitted
Plan for a medical examination
Obtain Department of Defense (DoD) ID Card for Retired Military Personnel
Enroll in federal health and life insurance programs
Attend pre-retirement briefings and seminars
Plan for transition from active duty to civilian life
Approval: Transition Plan
Will be submitted for approval:
Plan for transition from active duty to civilian life
