Retirement Estimator

Year-by-year forecast of your pension, TSP, and total retirement income. Every assumption is yours to override.

Updates live as you type

Assumption preset

Load a preset, then override any individual value below.

Career dates

Birth date

Service Computation Date (SCD) Your federal service start, per SF-50.

Federal separation date Leave blank for immediate retirement. If separating before drawing your pension, enter your last federal workday.

First pension check date When your FERS pension payments begin.

Pay & grade

GS Grade

Step

Current base pay

$

Basic pay (incl. locality). Grade/step progression models WGI on top.

TSP

Current TSP balance

$

Your contribution

%

Agency match

%

Annual drawdown rate

%

2025 IRS 402(g) limit

$

Maximum you can contribute to TSP in a calendar year. Contributions are capped here regardless of your contribution %.

Growth rates

Fed pay raise /yr

%

TSP return /yr

%

TSP limit /yr

%

Inflation (COLA)

%

Retirement income

Estimated Social Security (annual, at FRA)

$

In today's dollars — enter the amount shown on your SSA.gov statement.

Survivor benefit & longevity

Survivor annuity election Elect at retirement; irrevocable. Reduces your annuity but continues payments to spouse after your death.

Your life expectancy

yrs

Default 85 (SSA avg).

Spouse life expectancy

yrs

Default 88.

Discount rate (PV)

%

Rate used to convert future pension payments to today's dollars. 2% ≈ long-run real rate; 4% is more conservative.

Use FERS diet COLA formula FERS retirees get capped COLAs: full CPI <2%, flat 2% if 2–3%, CPI−1% if >3%.

Retirement income breakdown

What your total retirement income looks like, by source.

AT RETIREMENT

Lifetime Pension Value

—

— total pension dollars, present value

What if you live longer?

Drag to explore how longevity affects your lifetime pension value.

— yrs

707580859095100

Survivor benefit: the trade-off

Electing survivor coverage reduces your annuity but continues payments to your spouse. Click a card to set your election.

Year-by-year forecast

What if: Promotion

Model a GS grade increase mid-career and see the impact on your pension, TSP, and high-3.

Enable scenario

Career savings

Year	Age	YOS	Grade/Step	Base salary	High-3	TSP contrib	Agency match	TSP balance	Add'l savings

Retirement projection

Projected first-year annual income of retirement assuming you separated from federal service in a given year. Each row answers: "What would my retirement income look like if I left that year?"

Year	Age	YOS	Pension (if retire)	Lifetime pension PV	TSP draw/yr	Social Security	Total ret. income	Today's $ equiv.

Not financial advice. Estimates only. Always consult a qualified advisor and your agency HR for decisions about retirement.