Military Money Reviews

MilitaryMoney 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.

MilitaryMoney 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 MilitaryMoney to come back on. I have changed the area again, different percentages and age and so far still ok.

MilitaryMoney is fairly accurate; however, I noticed that some of the information is outdated. Specifically, the BAH and BAS charts since there were some slight adjustments for inflation. Also, the federal tax rate is stuck at 5.6% for me. I would love to only pay that much for taxes but I am fairly certain that’s not correct. It would be nice to have taxes deducted based on bracket automatically calculated or an option for us to fill out the deductions ourselves.

I haves used MilitaryMoney but it seems every year it takes them forever to update their pay tables. I have tried to send an email to notify them but the email keeps returning saying it’s not a good email. Hard to get an accurate account when the tables are not updated. Overall, it does provide a lot of good info, especially on the retirement side.

This is a good app, would be great if the retired pay was accurate. My retired pay difference was off from actual by a few hundred dollars. I’m not sure where their calculation is incorrect but everything else is fairly accurate and it gives a great overview dashboard as well as making you aware of things that you probably weren’t thinking about.

I like that you can really get all the info in there and it keeps it nice and neat.

I do wish I could save different profiles or something. My wife and I are both in so if I want to change to her stuff I have to do it all over or if one of us is looking at the next rank up…

Fantastic tool that gives you some good accurate information. The one problem I was having was resolved within a few days. I got an email back from the developer within 30 minute of reporting a bug. Great customer service.

MilitaryMoney is very easy to use and also has many options to personalize your situation. Highly recommend to anyone close to retirement or even not close...it’s useful for TSP projection as well.

This is an awesome app. I have taught a lot of classes to Marines about their pay and entitlement. It’s great for the retirement calculating and where these things effect career shifts like becoming a warrant officers or earning a commission. Very well done. I’d gift it to every Marine I could.

I hope MilitaryMoney will be updated. It’s too late for me I already purchased it unfortunately. No option for putting in basd or putting my current tsp value in. It says tsp is only for blended retirement which is untrue. I’m in the high 3 system. Please make updates to MilitaryMoney.

I am 9 years out from a planned retirement date and this tool brought the end of the financial rainbow 💰 into sharp focus.

With my strongest recommendation, I encourage the young, middle and old military guard to down load MilitaryMoney and review your goals with a financial advisor. We used a EJ advisor, but there are a cadre to choose from.

This tool should help most to answer the dark questions on how much will you have to live on and should you make changes today for a better tomorrow.

Great investment into ones future retirement planning.

Incredibly informative. MilitaryMoney allows you to breakdown pay and benefits at an incredibly granular level, and forecast at the annual/monthly/bi-monthly/etc level. This is an excellent app for current pay and future retirement/TSP benefits. Thank you!

MilitaryMoney was super helpful and very user friendly! I’ve been needing to figure this stuff out for awhile now but kept putting it off because it seemed too complicated. MilitaryMoney made it so easy, well worth the 5 bucks. Also as a perk my wife was finally happy with my decision to enlist when I showed her my future payout!

MilitaryMoney limits the amount you can contribute into TSP it also Limits the amount your TSP Growth. I would like to see those numbers increased. I know I put in more then 10% to my TSP and if you didn’t limit the amount of TSP growth I can only speak for myself and the 10year compounding interested for the funds I do but they are over 7%

Simple, intuitive, and has everything a military member needs to understand what their financial picture will look like after retirement. Rather than bouncing between web sites and various pay tables, MilitaryMoney has it all. Retired pay, VA disability, and all linked to your specific entry date. Moreover the developers seem willing to entertain suggestions for improvements. Very happy I downloaded MilitaryMoney. Very helpful app. Thanks!

I love the concise snapshot where all the data is easy to see in one place. Rather than having multiple spreadsheets I can plug in my information here and it’s one stop shop. The only thing I’d add is a way to add values of external Roth IRAs (or other retirement accounts) into the balance projections.

Thank you

This is one of the best apps I have found that gives accurate military pay information for both current and future pay projections.

This is a great tools to use to help forecast your future retirement pay or to help you QC your current active duty LES.

I was going nuts trying to hand jam everything out to figure out everything MilitaryMoney let me do in less than 5 minutes. Thank you for making this amazing app that I can use as a piece of mind during my transition.

Great for retirement, disability, current pay and next rank pay. Great all the way around.

MilitaryMoney is very user friendly. Allows you to project out rank if you got goals. Gives you an idea where you stand at retirement based on disability rating and TSP growth. Lots of functions to play with, but I love recommending MilitaryMoney to others. Right now, just waiting on an updated 2025 pay scale.

You know what they say, “a failure to plan is a plan to fail.” MilitaryMoney 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!

Initially MilitaryMoney was crashing. Feedback to the developer. Not only did receive a response but MilitaryMoney was fixed within a couple of days following by another response to ensure it was fixed. THANKS!