Change is a given in the United States military, but the soon to be applied “Blended Retirement System” is a financial change like no other the military has ever experienced. It is a huge deal that will not only affect the wallets of many active duty service members today and certainly 100% of them beginning in 2018, but it could also have a significant impact on future recruiting and retention of our volunteer military force.
Mission Transition: Managing Your Career and Your Retirement is a needed introduction of the military’s new “Blended Retirement System,” representing the big shift in how the DoD manages military retirements. In the process, it encourages service members to adopt the new concept of retirement in the military, improve their own financial literacy, and assume responsibility for their own retirement planning. Finally, it provides new civilian job survival tips and strategies for service members in the process of leaving the military for civilian life.
For those who are contemplating joining the armed forces and who wish to better understand the myriad of changes to the overall military retirement system this is the ideal guide.