On July 1, 1965, he retired from the Navy after 26 years commissioned service. Effective September 1, 1970, after working as a research and systems analyst with a defense contractor, Capt. Anderson was recalled to active duty as Director, Navy Council of Personnel Boards. In this position, he served also as the President, Navy Discharge Review Board and Navy Clemency and Parole Board. His duties were expanded in 1975 to include Director, Office of Naval Disability Evaluation. Retiring for the second time in 1976, Capt. Anderson was awarded his second Legion of Merit for his performance of duty during this period.
In retirement, finally, Capt. Anderson remained in Arlington, Virginia, where he was active in community and business affairs for many years. He was a deacon in the MemorialBaptistChurch and was church clerk for 36 years. Capt. Anderson also was a member of the church choir and served as the interim choir director for a period during the 1970's. An active member of the Arlington Host Lions Club, he was also the secretary of U.S. Naval Academy Class of 1939 and served as class president from 1980 to 1986. Beginning in 1976, Capt. Anderson was a tax consultant affiliated with the Executive Tax Service of H&R Block. In 1981, he was appointed the Director of H&R Block's Premium Tax Service for Arlington, a post he held until 2002. Capt. Anderson was very proud of his Swedish heritage. In 1959, he was awarded the Royal Order of the Sword (Knight Commander) by the King of Sweden in appreciation of services rendered as escort officer for Admiral Stig Ericsson, Commander-in-Chief, Royal Swedish Navy, during a visit to the United States in 1958. In addition, Capt. Anderson was deeply touched and honored when the citizen's committee from New Sweden, Maine, asked him to be the Grand Marshall in the community's centennial parade in 1970 as his grandfather was one of the founders of the town.