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The type of system for which you are eligible depends upon the date on which you first entered the military. There are plenty of different things that you have to think about and options that you have when it comes to retirement living, which is obviously a positive thing but at the same time can result in making the process a little overwhelming. Also on the list of the best retirement states is the state of Michigan which the town of Holland is situated on the shores of Lake Michigan.
planning for retirement
When someone you love is retiring, you want to make sure that it is as enjoyable as possible for them. Situated on the shores that connect Lake Erie to Michigan, Holland is full of summer fun for those beachgoers who simply cant get enough sand and sun. The retirement planner should listen to what you want first and then offer suggestions on how to go about getting it. There are waiting lists on some retirement homes, some which are longer some shorter, it all really depends on your own personal attitude and what you would prefer to do. Maybe the person has always wanted to start their own business doing something that they love.

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A Guide to Navy Retirement


Retirement is really never an easy time for anyone, and when you are retiring from the Navy, there are many differences when compared to regular retirement. One of the biggest issues involved with navy retirement is navy retirement pay. This is because this particular retirement pay system used to be easy to understand but now has definitely gained in complexity.

The Navy Retirement Pay System

Basically, during the draw-down, Congress decided that the military retirement pay was too simple, and so they decided to change it to their liking. First they started off with relatively small changes, some which were so small in fact that they were hardly noticeable, such as the moving of the annual Cost-of-Living allowance to January 1st from October 1st.

However, they quickly began making more serious changes to the Navy retirement pay system, and there are a few alterations in particular that are important to know about. For one, for all Navy and Marine Corps members, you are considered as being retired members for classification purposes if you are enlisted members with over 30 years of experience or if you have a warrant or are commissioned officers.

Another of the most drastic changes to the Navy retirement pay system is that now enlisted Navy and Marine Corps members who have any less than 30 years of experience are instead transferred to the Fleet Reserve/ Fleet Marine Corps Reserve, and their pay is also altered, now known as being retainer pay.

It is important to understand that military retirement pay is incredibly different and unlike regular, civilian retirement pay systems, namely because there is no vesting in the military retirement system. There are no special or particular retirement savings accounts, no matching funds provision, and certainly no interest, and so really a lot of the perks and advantages that are offered to civilians are not viable for retirees of the military.

This is obviously incredibly unfortunate, not to mention unfair, and presently there are already many companies and organizations in the works who are striving towards making a change in this regards. After all, those people who have served in the Navy or any other area of the military not only deserve to receive the same benefits as ordinary civilians, but if anything, even more. They have done their duty and put in their time to serving their country, and they should be able to feel safe, secure and comfortable when it comes time for them to retire.