ClearToRetire

ClearToRetire is a comprehensive FERS retirement calculator built for federal employees. Whether you're a regular FERS employee or in a special provision category (ATC, LEO, FF, CBPO), ClearToRetire gives you a complete picture of your retirement income — pension, TSP, Social Security, and net take-home pay.

FERS PENSION CALCULATOR

• Full pension calculation using the FERS formula with your High-3 average salary

• Automatic High-3 projection based on current salary and expected raises

• Special provision support with 1.7% multiplier for ATC, LEO, FF, and CBPO

• SPLIT and MRA+30 formula options for special provision employees

• Sick leave credit, military buyback years, and non-covered service adjustments

• COLA projections (immediate or deferred to 62 based on eligibility)

• Age reduction calculations for early retirement

RETIREMENT ELIGIBILITY

• Automatic retirement path determination (Immediate, Early, MRA+10, Deferred)

• Special provision eligibility (age 50 with 20 years, any age with 25 years)

• Shows all qualified paths with recommended formula for highest pension

• FERS Supplement calculation for employees retiring before 62

TSP PROJECTIONS

• Traditional and Roth TSP balance tracking

• Pre- and post-retirement growth rate assumptions

• Withdrawal timing control — start at retirement or delay for additional growth

• Depletion age analysis so you know when funds run out

• Year-by-year balance projections through life expectancy

SOCIAL SECURITY

• Compare claiming at ages 62, 67, and 70

• Cumulative lifetime benefit analysis

• Automatic integration with your chosen claiming age

TAKE-HOME INCOME

• Net monthly and annual income after all deductions

• Federal tax calculation using current brackets

• State-specific tax rules — pension exemptions, SS taxation, no-income-tax states

• FEHB premium projections with annual growth

• Medicare Part B, Part D, and Medigap costs

• Survivor benefit cost analysis (full, partial, or none)

SCENARIO COMPARISON

• Compare two retirement years side-by-side

• See differences in pension, TSP, SS, net income, and estate value

• What-if slider on the Dashboard for instant year adjustments

TIMELINE VIEW

• Year-by-year breakdown from retirement through life expectancy

• Income transition highlights (retirement, supplement ends, SS begins, Medicare, TSP depletion)

ADDITIONAL FEATURES

• Non-TSP investment accounts with tax treatment and withdrawal planning

• Other income sources (rental, part-time, military pension, etc.)

• Income target tracking — set a monthly goal and see when you'll reach it

• Funds for beneficiaries projection (TSP + investments at life expectancy)

• Complete offline — no internet connection required

• All data stays on your device — nothing is collected or transmitted

ClearToRetire is for informational purposes only and is not financial, tax, or legal advice. Always verify estimates with your HR office, OPM, SSA, and a qualified financial advisor.