FERS Planner

Years

Age

Current Salary

FERS Contribution Percent

Avg Salary Raise Percent

TSP Traditional (Annual)

TSP Roth (Annual)

FEHB Premiums (Annual)

Tax Adjustment (Working)

Controls Taxes and Inputs

Expenses as % of Net Income

Average Inflation Rate

Spending Model

Years

Years of Service at Retirement

Years

Years of Special Accrual

Years

Minimum Retirement Age (MRA)

Years

Retire/Resign Age

Average FERS Annuity COLA

Hours

Sick Leave Balance at Retirement

Years

Plan End Age

Spouse Benefit Reduction

Years

Years of Military Deposit

FERS Total Career Contributions

Tax Adjustment (Retired)

Years

Married Combined Age (Retire)

Employee Age 62 Monthly Benefit

Average Social Security COLA

Years

Employee Social Security Start Age

Current TSP/IRA Trad Balance

TSP/IRA Trad Growth Rate

TSP Trad Annual Withdrawal

Years

TSP Trad Withdraw Start Age

Years

TSP Trad Withdraw Stop Age

TSP Trad Withdraw Increase Rate

TSP Trad One Time Withdrawal

Years

TSP Trad One Time Withdraw Age

Current TSP/IRA Roth Balance

TSP/IRA Roth Growth Rate

TSP Roth Annual Withdraw

Years

TSP Roth Withdraw Start Age

Years

TSP Roth Withdraw Stop Age

TSP Roth Withdraw Increase Rate

TSP Roth One Time Withdrawal

Years

One Time TSP Roth Age

Spouse Taxable Working Income

Years

Spouse Age Offset

Spouse Age 62 Monthly SS

Years

Spouse SS Benefit Start Age

Spouse Trad IRA/TSP Balance

Spouse Trad IRA/TSP Growth Rate

Spouse Annual IRA Withdraw

Years

Spouse Age IRA Withdraw Starts

Years

Spouse Age IRA Withdraw Stops

Spouse IRA Withdraw Increase %

Spouse Pension Start Amount

Years

Spouse Age Pension Starts

Spouse Pension COLA %

Reset All Inputs, Clear Storage, and Refresh

Annuity Factor

0.365000

Annuity

$75,060

Lifetime Social Security

$4,346,339

Total Savings Drawdown

$266,332

Ending TSP/IRA Balance

$8,579,741

	Working Net Income Calculation															Retirement Net Income Calculation																	Employee TSP			Savings	Spouse IRA
Age	Employee Income	Spouse Income	Combined Income	TSP Trad Contribution	TSP Roth Contribution	Gov't Matching	Federal Tax Plus Adjustment	FEHB Premium	Employee Social Security Tax	Spouse Social Security Tax	Medicare Tax (Combined)	FERS RAE FRAE	Taxable Income	Net Income or Projected Expenses	<>	FERS Annuity Income	Spouse Pension	FERS Supplement	Employee Social Security Income	Spouse Social Security Income	TSP Trad Withdraw	TSP Roth Withdraw	TSP RMD	Spouse IRA Withdraw	Spouse RMD	Combined Retirement Income	FERS TaxFree	Federal Tax Plus Adjustment	FEHB Premiums	Retirement Taxable Income (85% SS)	Retirement Net Income	Replacement Percentage	Traditional	Roth	Balance	Drawdown	Traditional	Age
51	$195,200	$0	$195,200	($0)	($30,500)	$9,760	($25,092)	($4,908)	($10,918)	($0)	($2,830)	($1,561)	$190,292	$119,391		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	($0)	($0)	$0	$0	0%	$1,009,760	$130,500	$1,140,260	$0	$500,000	51
52	$201,446	$0	$201,446	($0)	($31,476)	$10,072	($25,895)	($5,065)	($11,267)	($0)	($2,920)	($1,611)	$196,381	$123,212		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	($0)	($0)	$0	$0	0%	$1,080,417	$169,806	$1,250,223	$0	$530,000	52
53	$207,892	$0	$207,892	($0)	($32,483)	$10,394	($26,723)	($5,227)	($11,628)	($0)	($3,014)	($1,663)	$202,665	$127,154		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	($0)	($0)	$0	$0	0%	$1,155,636	$212,477	$1,368,113	$0	$561,800	53
54	$214,545	$0	$214,545	($0)	($33,522)	$10,727	($27,579)	($5,394)	($12,000)	($0)	($3,110)	($1,716)	$209,151	$131,224		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	($0)	($0)	$0	$0	0%	$1,235,701	$258,747	$1,494,448	$0	$595,508	54
55	$221,410	$0	$221,410	($0)	($34,595)	$11,070	($28,461)	($5,567)	($12,384)	($0)	($3,210)	($1,771)	$215,843	$135,422		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	($0)	($0)	$0	$0	0%	$1,320,913	$308,866	$1,629,779	$0	$631,238	55
56	$228,495	$0	$228,495	($0)	($35,702)	$11,424	($29,372)	($5,745)	($12,780)	($0)	($3,313)	($1,827)	$222,750	$139,756		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	($0)	($0)	$0	$0	0%	$1,411,591	$363,099	$1,774,690	$0	$669,112	56
57	$235,807	$0	$235,807	($0)	($36,844)	$11,790	($30,312)	($5,929)	($13,189)	($0)	($3,419)	($1,886)	$229,878	$144,228		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	($0)	($0)	$0	$0	0%	$1,508,076	$421,728	$1,929,804	$0	$709,258	57
58	$243,353	$0	$243,353	($0)	($38,023)	$0	($31,282)	($6,118)	($13,611)	($0)	($3,528)	($1,946)	$237,235	$119,028		$75,060	$0	$35,950	$0	$0	$0	$0	$0	$0	$0	$111,010	$1,032	($7,952)	($6,118)	$109,978	$96,940	81%	$1,598,560	$447,031	$2,045,591	$22,088	$751,813	58
59	$251,140	$0	$251,140	($0)	($39,240)	$0	($32,283)	($6,314)	($14,047)	($0)	($3,641)	($2,009)	$244,826	$122,789		$75,060	$0	$35,950	$0	$0	$0	$0	$0	$0	$0	$111,010	$1,032	($7,784)	($6,314)	$109,978	$96,912	79%	$1,694,473	$473,852	$2,168,325	$25,877	$796,921	59
60	$259,177	$0	$259,177	($0)	($40,496)	$0	($33,316)	($6,516)	($14,496)	($0)	($3,758)	($2,073)	$252,661	$126,669		$75,060	$0	$35,950	$0	$0	$0	$0	$0	$0	$0	$111,010	$1,032	($7,610)	($6,516)	$109,978	$96,884	76%	$1,796,141	$502,283	$2,298,424	$29,785	$844,736	60
61	$267,471	$0	$267,471	($0)	($41,792)	$0	($34,382)	($6,725)	($14,960)	($0)	($3,878)	($2,139)	$260,746	$130,672		$75,060	$0	$35,950	$0	$17,423	$0	$0	$0	$0	$0	$128,433	$1,032	($9,209)	($6,725)	$124,787	$112,499	86%	$1,903,909	$532,419	$2,436,328	$18,173	$895,420	61
62	$276,030	$0	$276,030	($0)	($43,129)	$0	($35,482)	($6,940)	($15,439)	($0)	($4,002)	($2,208)	$269,090	$134,801		$75,060	$0	$35,950	$0	$18,085	$0	$0	$0	$0	$0	$129,095	$1,032	($9,092)	($6,940)	$125,350	$113,063	84%	$2,018,143	$564,364	$2,582,507	$21,738	$949,145	62
63	$284,863	$0	$284,863	($0)	($44,509)	$0	($36,618)	($7,162)	($15,933)	($0)	($4,130)	($2,278)	$277,701	$139,061		$76,711	$0	$0	$48,810	$18,773	$0	$0	$0	$0	$0	$144,294	$1,032	($9,834)	($7,162)	$133,124	$127,298	92%	$2,139,231	$598,225	$2,737,456	$11,763	$1,006,093	63
64	$293,978	$0	$293,978	($0)	($45,934)	$0	($37,789)	($7,391)	($16,443)	($0)	($4,262)	($2,351)	$286,587	$143,456		$78,398	$0	$0	$50,665	$19,486	$0	$0	$0	$0	$0	$148,549	$1,032	($10,102)	($7,391)	$136,994	$131,056	91%	$2,267,584	$634,118	$2,901,702	$12,400	$1,066,458	64
65	$303,386	$0	$303,386	($0)	($47,404)	$0	($38,999)	($7,628)	($16,969)	($0)	($4,399)	($2,427)	$295,758	$147,988		$80,123	$0	$0	$52,591	$20,227	$0	$0	$0	$0	$0	$152,941	$1,032	($10,379)	($7,628)	$140,986	$134,934	91%	$2,403,639	$672,165	$3,075,804	$13,054	$1,130,445	65
66	$313,094	$0	$313,094	($0)	($48,920)	$0	($40,247)	($7,872)	($17,512)	($0)	($4,539)	($2,504)	$305,222	$152,665		$81,886	$0	$0	$54,589	$20,995	$0	$0	$0	$0	$0	$157,470	$1,032	($10,663)	($7,872)	$145,100	$138,935	91%	$2,547,857	$712,494	$3,260,351	$13,730	$1,198,271	66
67	$323,113	$0	$323,113	($0)	($50,486)	$0	($41,535)	($8,124)	($18,072)	($0)	($4,685)	($2,584)	$314,989	$157,489		$83,687	$0	$0	$56,663	$21,793	$0	$0	$0	$0	$0	$162,143	$1,032	($10,956)	($8,124)	$149,342	$143,063	91%	$2,700,728	$755,243	$3,455,971	$14,426	$1,270,167	67
68	$333,453	$0	$333,453	($0)	($52,102)	$0	($42,864)	($8,384)	($18,651)	($0)	($4,835)	($2,667)	$325,069	$162,466		$85,529	$0	$0	$58,817	$22,621	$0	$0	$0	$0	$0	$166,967	$1,032	($11,258)	($8,384)	$153,719	$147,325	91%	$2,862,771	$800,557	$3,663,328	$15,141	$1,346,377	68
69	$344,123	$0	$344,123	($0)	($53,769)	$0	($44,235)	($8,652)	($19,247)	($0)	($4,989)	($2,752)	$335,471	$167,600		$87,410	$0	$0	$61,052	$23,481	$0	$0	$0	$0	$0	$171,943	$1,032	($11,570)	($8,652)	$158,231	$151,721	91%	$3,034,537	$848,590	$3,883,127	$15,879	$1,427,159	69
70	$355,135	$0	$355,135	($0)	($55,489)	$0	($45,651)	($8,929)	($19,863)	($0)	($5,149)	($2,841)	$346,206	$172,896		$89,333	$0	$0	$63,372	$24,373	$0	$0	$0	$0	$0	$177,078	$1,032	($11,891)	($8,929)	$162,884	$156,258	90%	$3,216,609	$899,505	$4,116,114	$16,638	$1,512,788	70
71	$366,499	$0	$366,499	($0)	($57,265)	$0	($47,112)	($9,215)	($20,499)	($0)	($5,314)	($2,931)	$357,284	$178,360		$91,299	$0	$0	$65,780	$25,299	$0	$0	$0	$0	$0	$182,378	$1,032	($12,222)	($9,215)	$167,684	$160,941	90%	$3,409,605	$953,475	$4,363,080	$17,419	$1,603,555	71
72	$378,227	$0	$378,227	($0)	($59,098)	$0	($48,619)	($9,509)	($21,155)	($0)	($5,484)	($3,025)	$368,718	$183,996		$93,307	$0	$0	$68,279	$26,261	$0	$0	$0	$0	$0	$187,847	$1,032	($12,563)	($9,509)	$172,634	$165,775	90%	$3,614,181	$1,010,683	$4,624,864	$18,221	$1,699,768	72
73	$390,331	$0	$390,331	($0)	($60,989)	$0	($50,175)	($9,814)	($21,832)	($0)	($5,659)	($3,122)	$380,517	$189,810		$95,360	$0	$0	$70,874	$27,259	$0	$0	$0	$0	$69,096	$262,589	$1,032	($21,207)	($9,814)	$246,837	$231,568	122%	$3,831,031	$1,071,323	$4,902,354	$0	$1,732,658	73
74	$402,821	$0	$402,821	($0)	($62,940)	$0	($51,781)	($10,128)	($22,531)	($0)	($5,840)	($3,222)	$392,693	$195,808		$97,458	$0	$0	$73,567	$28,295	$0	$0	$0	$0	$73,107	$272,427	$1,032	($22,051)	($10,128)	$256,115	$240,248	123%	$4,060,892	$1,135,602	$5,196,494	$0	$1,763,510	74
75	$415,711	$0	$415,711	($0)	($64,954)	$0	($53,438)	($10,452)	($23,252)	($0)	($6,027)	($3,325)	$405,259	$201,996		$99,602	$0	$0	$76,363	$29,370	$0	$0	$165,076	$0	$77,009	$447,420	$1,032	($57,854)	($10,452)	$430,528	$379,114	188%	$4,139,469	$1,203,738	$5,343,207	$0	$1,792,311	75
76	$429,014	$0	$429,014	($0)	($67,033)	$0	($55,148)	($10,786)	($23,996)	($0)	($6,220)	($3,432)	$418,228	$208,379		$101,793	$0	$0	$79,265	$30,486	$0	$0	$174,661	$0	$81,468	$467,673	$1,032	($60,997)	($10,786)	$450,178	$395,890	190%	$4,213,176	$1,275,962	$5,489,138	$0	$1,818,381	76
77	$442,743	$0	$442,743	($0)	($69,178)	$0	($56,913)	($11,132)	($24,764)	($0)	($6,419)	($3,541)	$431,611	$214,964		$104,033	$0	$0	$82,277	$31,644	$0	$0	$183,981	$0	$86,179	$488,114	$1,032	($64,139)	($11,132)	$469,993	$412,843	192%	$4,281,985	$1,352,519	$5,634,504	$0	$1,841,304	77
78	$456,911	$0	$456,911	($0)	($71,392)	$0	($58,734)	($11,488)	($25,556)	($0)	($6,625)	($3,655)	$445,423	$221,756		$106,321	$0	$0	$85,403	$32,847	$0	$0	$194,635	$0	$91,153	$510,359	$1,032	($67,634)	($11,488)	$491,589	$431,237	194%	$4,344,269	$1,433,670	$5,777,939	$0	$1,860,629	78
79	$471,532	$0	$471,532	($0)	($73,676)	$0	($60,613)	($11,855)	($26,374)	($0)	($6,837)	($3,772)	$459,677	$228,764		$108,661	$0	$0	$88,649	$34,095	$0	$0	$205,889	$0	$95,908	$533,202	$1,032	($71,215)	($11,855)	$513,758	$450,132	197%	$4,399,036	$1,519,690	$5,918,726	$0	$1,876,358	79
80	$486,621	$0	$486,621	($0)	($76,034)	$0	($62,553)	($12,235)	($27,218)	($0)	($7,056)	($3,892)	$474,386	$235,993		$111,051	$0	$0	$92,017	$35,391	$0	$0	$217,774	$0	$101,424	$557,657	$1,032	($75,103)	($12,235)	$537,513	$470,319	199%	$4,445,204	$1,610,871	$6,056,075	$0	$1,887,515	80
81	$502,193	$0	$502,193	($0)	($78,467)	$0	($64,555)	($12,626)	($28,089)	($0)	($7,281)	($4,017)	$489,567	$243,450		$113,494	$0	$0	$95,514	$36,735	$0	$0	$229,134	$0	$106,639	$581,516	$1,032	($78,811)	($12,626)	$560,646	$490,079	201%	$4,482,782	$1,707,523	$6,190,305	$0	$1,894,126	81
82	$518,263	$0	$518,263	($0)	($80,978)	$0	($66,621)	($13,030)	($28,988)	($0)	($7,514)	($4,146)	$505,233	$251,144		$115,991	$0	$0	$99,144	$38,131	$0	$0	$242,312	$0	$112,745	$608,323	$1,032	($83,118)	($13,030)	$586,699	$512,175	204%	$4,509,436	$1,809,974	$6,319,410	$0	$1,895,028	82
83	$534,847	$0	$534,847	($0)	($83,569)	$0	($68,752)	($13,447)	($29,915)	($0)	($7,755)	($4,278)	$521,400	$259,080		$118,543	$0	$0	$102,911	$39,580	$0	$0	$254,770	$0	$118,439	$634,243	$1,032	($87,178)	($13,447)	$611,837	$533,618	206%	$4,525,232	$1,918,572	$6,443,804	$0	$1,890,290	83
84	$551,962	$0	$551,962	($0)	($86,244)	$0	($70,952)	($13,878)	($30,873)	($0)	($8,003)	($4,415)	$538,084	$267,266		$121,151	$0	$0	$106,822	$41,085	$0	$0	$269,359	$0	$124,361	$662,778	$1,032	($91,759)	($13,878)	$639,559	$557,141	208%	$4,527,386	$2,033,686	$6,561,072	$0	$1,879,346	84
85	$569,625	$0	$569,625	($0)	($89,004)	$0	($73,223)	($14,322)	($31,861)	($0)	($8,259)	($4,557)	$555,303	$275,712		$123,816	$0	$0	$110,881	$42,646	$0	$0	$282,961	$0	$130,510	$690,814	$1,032	($96,175)	($14,322)	$666,752	$580,317	210%	$4,516,068	$2,155,707	$6,671,775	$0	$1,861,596	85
86	$587,853	$0	$587,853	($0)	($91,852)	$0	($75,566)	($14,780)	($32,880)	($0)	($8,523)	($4,702)	$573,073	$284,424		$126,540	$0	$0	$115,094	$44,266	$0	$0	$297,109	$0	$135,882	$718,891	$1,032	($100,544)	($14,780)	$693,955	$603,567	212%	$4,489,923	$2,285,049	$6,774,972	$0	$1,837,409	86
87	$606,664	$0	$606,664	($0)	($94,791)	$0	($77,984)	($15,253)	($33,932)	($0)	($8,796)	($4,853)	$591,411	$293,412		$129,324	$0	$0	$119,468	$45,948	$0	$0	$311,800	$0	$142,434	$748,974	$1,032	($105,294)	($15,253)	$723,129	$628,427	214%	$4,447,518	$2,422,151	$6,869,669	$0	$1,805,219	87
88	$626,078	$0	$626,078	($0)	($97,824)	$0	($80,480)	($15,741)	($35,018)	($0)	($9,078)	($5,008)	$610,337	$302,684		$132,169	$0	$0	$124,008	$47,695	$0	$0	$324,636	$0	$147,968	$776,476	$40	($109,634)	($15,741)	$750,680	$651,101	215%	$4,389,733	$2,567,480	$6,957,213	$0	$1,765,564	88
89	$646,112	$0	$646,112	($0)	($100,955)	$0	($83,055)	($16,245)	($36,139)	($0)	($9,368)	($5,168)	$629,867	$312,249		$135,077	$0	$0	$128,720	$49,507	$0	$0	$340,289	$0	$153,527	$807,120	$0	($114,392)	($16,245)	$780,385	$676,483	217%	$4,312,827	$2,721,528	$7,034,355	$0	$1,717,970	89
90	$666,788	$0	$666,788	($0)	($104,185)	$0	($85,713)	($16,765)	($37,295)	($0)	($9,668)	($5,334)	$650,023	$322,116		$138,049	$0	$0	$133,612	$51,388	$0	$0	$353,510	$0	$159,071	$835,630	$0	($118,608)	($16,765)	$807,880	$700,257	217%	$4,218,086	$2,884,819	$7,102,905	$0	$1,661,977	90
91	$688,125	$0	$688,125	($0)	($107,519)	$0	($88,456)	($17,301)	($38,489)	($0)	($9,977)	($5,505)	$670,824	$332,295		$141,086	$0	$0	$138,689	$53,341	$0	$0	$366,790	$0	$164,552	$864,458	$0	($122,826)	($17,301)	$835,653	$724,331	218%	$4,104,381	$3,057,908	$7,162,289	$0	$1,597,143	91
92	$710,145	$0	$710,145	($0)	($110,960)	$0	($91,286)	($17,855)	($39,720)	($0)	($10,297)	($5,681)	$692,290	$342,796		$144,190	$0	$0	$143,959	$55,368	$0	$0	$380,035	$0	$168,120	$891,672	$0	($126,620)	($17,855)	$861,772	$747,197	218%	$3,970,608	$3,241,382	$7,211,990	$0	$1,524,851	92
93	$732,870	$0	$732,870	($0)	($114,510)	$0	($94,208)	($18,426)	($40,991)	($0)	($10,626)	($5,862)	$714,444	$353,628		$147,362	$0	$0	$149,429	$57,472	$0	$0	$393,129	$0	$171,331	$918,723	$0	($130,306)	($18,426)	$887,687	$769,991	218%	$3,815,715	$3,435,864	$7,251,579	$0	$1,445,011	93
94	$756,322	$0	$756,322	($0)	($118,175)	$0	($97,222)	($19,016)	($42,303)	($0)	($10,966)	($6,050)	$737,306	$364,803		$150,604	$0	$0	$155,108	$59,656	$0	$0	$401,654	$0	$172,025	$939,047	$0	($132,438)	($19,016)	$906,832	$787,593	216%	$3,643,003	$3,642,015	$7,285,018	$0	$1,359,686	94
95	$780,524	$0	$780,524	($0)	($121,956)	$0	($100,333)	($19,625)	($43,657)	($0)	($11,317)	($6,244)	$760,899	$376,331		$153,917	$0	$0	$161,002	$61,923	$0	$0	$409,326	$0	$174,318	$960,486	$0	($134,740)	($19,625)	$927,047	$806,121	214%	$3,452,257	$3,860,535	$7,312,792	$0	$1,266,949	95

High-3

$228,495

High-3 can be approximated by taking the middle salary of your last three working years (for most people).

Annuity Factor

0.365000

Annuity factor is the percentage used to calculate your annuity/pension. It is displayed as a 6 digit decimal number like you will see on retirement paperwork.

Unreduced Annuity

$83,400

Unreduced annuity is your maximum possible annuity/pension. It is calculated by multiplying your high-3 and the annuity factor.

Reduced Annuity

$75,060

Reduced annuity is equal to either 100%, 95%, or 90% of your unreduced annuity depending on the selection you made for spousal benefits.

Net Annuity

$60,990

Your net annuity starts with the reduced annuity and further subtracts FEHB and taxes. It is one leg of your FERS income.

Cost of Spouse Benefit

$8,340

The spouse benefit is a form of life insurance (either 1/2 or 1/4 of your annuity). This is the annual cost of that benefit.

Annual FERS Suplement

$35,950

The FERS Supplement (SRS) will increase your income. It is a paid until age 62 and is a replacement for social security which can not be claimed until 62 at the earliest.

Employee Social Security Start

$47,024

You provided the employee social security age 62 amount. However, if you delay benefits (up to age 70) this number will increase.

Spouse Social Security Start

$16,786

You provided the spouse social security age 62 amount. However, if you delay benefits (up to age 70) this number will increase

Lifetime Combinded Social Security

$4,346,339

Depending on the duration of your retirement plan and choice of claiming age(s), the total social security benefit can vary wildly.

Total Savings Drawdown

$266,332

If there is not enough income to meet expenses, you might need to drawdown savings. This is the lifetime total and will vary with expenses and other choices.

Initial Replacement Rate

81%

This is the first year replacement rate. That is, the percentage of net retirement income to net working income.

TSP Final Balance

$7,312,792

Your TSP final balance depends on the starting balance, withdrawals, growth rates, and of course the plan length.

Combined Retirement Account Balance

$8,579,741

Currently the combination of TSP traditional, TSP Roth, and Spouse IRA.