Military Retirement Calculator
This is an estimate, not a figure from the government. It applies the basic retired pay formula used for military service. The pay tables and rules are published by the Defense Finance and Accounting Service, which pays military retirement.
- Free
- Works offline after your first visit
- Saves on this device
- No sign-up
- Updated
How it works
Retired pay is the multiplier times years of service times base pay. The multiplier is 2.5 percent a year under the legacy plan, and 2.0 percent a year under the Blended Retirement System, which applies to most people who entered service more recently.
Reserve members can count points instead of years, and each 360 points counts as one year. Base pay here is a yearly figure, and the result is before taxes and before any future pay raises.
Worked example
With $90,000.00 base pay, 20 years counted and the Blended Retirement plan, the estimated retired pay is $36,000.00 a year, or $3,000.00 a month.
Questions
Which plan applies to me?
It depends on when you first entered service and the choices you made. Your service records or your personnel office can confirm which plan applies.
What is a reserve point?
Points are credit for duty and drills that count toward retirement. Your reserve unit's records show your point totals each year.
Does this include future raises or taxes?
No. It uses the base pay you enter, and it does not add future raises or take out taxes.
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