We examined military retirement. We sought to determine if preretirement planning, having knowledge, skills, and abilities (KSAs) that are readily transferable, and being committed to, and/or identifying with, the Navy would affect the retirement satisfaction and adjustment of a retired naval officers sample. Results indicated that both planning and transferability influenced retirement satisfaction and adjustment, while organizational commitment and identification did not. Implications of our findings, as well as a brief overview of some general retirement issues are included.