retirement

Rhode Island resident Tom Peters regularly vacations at the MacDill Air Force Base RV park.
Capt. Jessica Brown / U.S. Air Force

Military retirees can camp, golf, and fish at hundreds of military bases. It costs less than civilian resorts, making the bases popular vacation spots for thousands of former service members.

Navy Lt. Commander Jeff Raunig, a physician, weighs his options under the new military retirement system. 'Med school doesn't teach you that much about economics,' he said.
Libby Denkmann / American Homefront

About 1.7 million troops are eligible to switch from a traditional pension plan to a blended plan that works more like a 401(k). But some lack the financial skills to evaluate their options.