This calculator estimates your retirement pay flow under the Final Pay retirement system. This calculator gives you the ability to generate charts and tables based on your personal situation. In addition to tailoring the results to your expected retirement grade, years of service, and age, this calculator also allows you to change some economic assumptions, such as the inflation rate. Remember, the Final Pay retirement system only applies to members who first entered Service before September 8, 1980.In the calculator, you will be able to change the factors that affect the retirement pay streams. No identifying data is requested nor retained by this web site.
These results are based on your assumptions. The future will differ
from these assumptions and actual results will differ correspondingly.
Remember these results are not guaranteed; they are merely estimates.
This point cannot be emphasized too heavily --there is no guarantee
that the assumptions will all prove correct . This is why you should "play"
with the assumptions.
The intent of this analysis is to help you to make a fairly simple and
direct estimate of the financial flow resulting from your retirement
and be able to investigate some of the basic factors that influence
the results. The actual results will depend on what happens in the
economy and your career decisions.
The following table displays: 1) the before-tax monthly, annual, and
cumulative retired pay and 2) the after-tax annual and cumulative
retired pay for selected milestones in your retired career.
These results were based on your choices and assumptions. The future
will differ from these assumptions and actual results will differ
correspondingly. Remember these comparisons are not guaranteed;
they are merely estimates.
This first chart depicts the estimated gross monthly retired payments.
Taxes and participation in the SBP are not considered.
In the following chart, estimated before and after tax cumulative retired pay is shown.