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Income Planning

Retirement Income Planner

Map out your retirement income sources against your expenses. Identify any gap and see how long your savings will sustain your lifestyle — with inflation and growth factored in.

Personal Details

Income Sources (Monthly)

$

Estimated monthly FERS annuity at retirement

$
$

Current balance — will be grown to retirement age

$

Rental income, part-time work, annuities, etc.

Expenses & Assumptions

$

In today's dollars — will be adjusted for inflation

1%3%6%
2%6%10%

Your Retirement Income Plan

Annual Expenses at Retirement (inflation-adjusted)

$88,551

($7,379/month)

First-Year Income Sources

FERS Pension$34,461/yr
Social Security (starts age 67)Delayed
TSP Withdrawal (4% rule)$28,142/yr

From projected TSP of $703,550

Total First-Year Income$62,603/yr

Annual Income Gap

$25,948

You may need additional income of $2,162/month to maintain your lifestyle.

Savings Longevity

TSP at Retirement

$703,550

TSP Depleted At Age

Age 77

Your savings may run out 13 years before your plan-to age. Consider increasing savings, reducing expenses, or exploring guaranteed income options.

Disclaimer: This calculator provides estimates only. Actual results will vary based on market conditions, inflation, tax implications, healthcare costs, and other factors. FERS pension COLA assumed at 2%. Social Security COLA assumed at 2%. Consult with a qualified financial advisor for personalized guidance.