To young service members, the idea of building wealth might seem like a pipe dream. They don't earn much and often have high borrowing and housing costs. But it's never too early to start. For some pointers, we turn to the president of the Navy Mutual Aid Association, retired Navy admiral. Brian Luther.

Plus, it's one thing to apply for your federal retirement. It's something else again to, well, do it right. Retirement brings a lot of elements into play, such as when to apply for Social Security, or how to actually get your Thrift Savings Plan funds. Joining us with a checklist, Retire Federal's Tammy Flanagan.

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