Estimate your monthly FERS pension, the FERS Supplement, COLA-adjusted income, and how much your TSP needs to cover. Built around the OPM rules — including the 1.1% multiplier at age 62 with 20+ years of service.
MRA based on your birth year: 57.00 · Age at retirement: 60
Assuming 2.2% annual cost-of-living adjustment
Most retirement planners target 80% of pre-retirement income.
You'd still be short $44,500 per year. Consider boosting TSP contributions or planning side income to close the gap.
This calculator provides estimates only. Not financial advice.
Your basic FERS annuity is 1% × years of creditable service × High-3 average salary. The multiplier rises to 1.1% if you retire at age 62 or later with at least 20 years of service. Your High-3 is the average of your highest three consecutive years of basic pay.
If you retire at your MRA with 30+ years (or at 60 with 20+), you may receive the FERS Annuity Supplement until age 62 — designed to bridge the gap before Social Security kicks in. The estimate is roughly your projected SS benefit at 62 × (years of FERS service ÷ 40).
Most planners target 80% of pre-retirement income. After your FERS pension and Social Security, the rest typically comes from your TSP withdrawals. A 4% safe-withdrawal rate is a common starting estimate.
This calculator provides estimates only. Not financial advice.