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.