This webinar discusses strategies for military families preparing for retirement. It covers the psychological and financial aspects of retirement transitions. Experts discuss common feelings during retirement like stress, anxiety and loss. They also address the unique challenges military families face in retirement. Additionally, the webinar provides an overview of sources of retirement income, the new Blended Retirement System for the military, and strategies for withdrawing from retirement plans. The goal is to help connect service providers and professionals to support military families in retirement.

1. https://learn.extension.org/events/2787
This material is based upon work supported by the National Institute of Food and Agriculture, U.S. Department of Agriculture, and the Office of Family
Readiness Policy, U.S. Department of Defense under Award Number 2015-48770-24368.
Retirement Ready? Effective Strategies for
Military Families Part II

2. Connecting military family service providers
and Cooperative Extension professionals to research
and to each other through engaging online learning opportunities
www.extension.org/militaryfamilies
MFLN Intro
Sign up for webinar email notifications at www.extension.org/62831 2

3. Our Panelists
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Sharon Danes, PhD, EDFP
Kacy Mixon, PhD, LMFT
Barbara O’Neill, PhD

4. Retirement Transitions
• Two patterns of behavior following change
-Change as loss
-Change as opportunity
• Stages of the grief cycle
• Keys to successful retirement transition
• Goals
-turning values into goals
-creating achievable goals
-mutual goal setting process
-managing goal differences
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CC0 by geralt via pixabay

5. Retirement from a Psychological
Perspective
• Common Feelings Experienced
-Stress (Definition and Holmes and Rahe stress scale)
-Anxiety
-Frustration
-Fear
-Loss (Ambiguous Loss)
-Depression (Increased probability with retirement)
• Unique Challenges for Military Families in
Retirement
• Family Resilience
• Important Information for Providers
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CCO by MC3 (AW/SW) Christine Walker-Singh Flickr

6. Retirement and Finances
• Typical retirement planning concerns across
generations
• Sources of retirement income
-Social security, employer pension plans, personal retirement plans,
other personal savings, annuities, employment, other
• Blended Retirement System for U.S. Uninformed
Services
-Summary
-Who benefits
-Cautions and concerns
• Retirement Plan Withdrawal Strategies
• Retired Military Health Insurance
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CCO Pixabay

7. Let’s Talk!
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CCO by Geralt Pixabay