7. Preparing for retirement


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Preparing for Retirement. “What does life look like after I am no longer in the military and how do I prepare for it?”

Visualizing life after the military can help you determine what is needed in order to make your dreams become a reality. Whether you are considering a new career or considering retirement in a more traditional sense there is planning to be done.

The following subtasks may assist you in preparing for retirement. You will find detailed resources for these subtasks under the links in the right column of this page.

Subtask 1: Understand retirement savings options and how to save

Subtask 2: Recognize the power of compounding

Subtask 3: Visualize life after the military


Military Life Tasks

1. Budgeting finances
2. Reducing debt
3. Finding housing
4. Protecting against risk
5. Managing taxes
6. Saving for education
7. Preparing for retirement
8. Updating your estate plan
9. Explore Your Benefits

Preparing for retirement Subtasks

1. Understand retirement savings options and how to save
2. Recognize the power of compounding
3. Visualize life after the military

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