AGR retirements make sense, or so I thought. The online calculators don’t work for my scenario.
When calculating my retirement, all the online calculators get it screwy, either on the years, TAFMS, etc
If I use an Active Duty calculator, it will show me as having 30+ years, but in reality I will have 20 “years” worth of points.
I was Active Duty for 5 years, a TR for 14 years, and now I’m an AGR who is planning to continue in place for the next 11 to get 7200 points.
Can anyone clear this up for me? As a Reservist, once I hit 7200 points, I’ll be eligible for a full Active Duty retirement with immediate payouts.
I should also be getting 50% of base pay, being in the high-3 retirement system, correct?
AGR retirement confusion
byu/rustyrhinohorn inMilitaryFinance
Posted by rustyrhinohorn
1 Comment
Points divided by 7200 * 20 * 2.5% * avg of high 3. This will give you your expected pay.