Patent ID: 8600851

Claim:
A financial planning apparatus comprising: a processor; and a memory coupled to the processor and storing instructions executable by the processor to: receive input via an input module of an information handling system (IHS) coupled to a network comprising a selection of a military status parameter for a military member from among a group that includes active duty, reserve duty, retired military, and other military; determine that the military member is eligible to receive military benefits based on the selection of the military status parameter; provide, in response to receiving the input, a plurality of income record options that comprise a plurality of military pay parameters for which the military member is eligible; wherein providing the income record options includes dynamically modifying at least one pay parameter depending upon which military status parameter was selected and providing at least one pay parameter unmodified regardless of which military status parameter was selected; obtain selection of an income record from the income record options; generate via a financial planning module a military record in response to receiving the selected income record; generate, using the military record, a financial plan for the military member, the financial plan comprising a plurality of financial sub-plans with associated financial objectives for the military member; and provide the generated financial plan for the military member.