TSP Calculator

TSP Retirement Calculator

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How to use the TSP Retirement Calculator

To project your TSP Balance at retirement, enter the following information:

TSP Account Balance

Current TSP account balance

Expected Rate of Return

Average annual rate of return you anticipate from now until retirement

Number of Years Until Retirement

Number of years until retirement

Annual Contribution + TSP Match

Total annual contribution from payroll deduction and government match. The maximum match is 5% of annual income

Start your journey to financial security with our all-encompassing TSP (Thrift Savings Plan) Calculator. Specifically designed for federal employees and service members, this powerful tool helps you estimate your retirement savings potential. Whether you are just beginning your career or approaching retirement, our TSP Calculator takes into account your contributions, government matching, and projected growth to provide an estimate of your future TSP balance. Use it to make informed decisions and optimize your TSP investment strategy for a secure financial future.

Example Calculation

Let's assume the following

  • Initial TSP account balance (PV): $50,000
  • Expected annual rate of return (r): 5% (or 0.05)
  • Number of years until retirement (n): 20 years
  • Annual contribution + TSP match (PMT): $10,000

Plugging these values into the formula

Total future value of your TSP account at retirement

FV total = 132,664.89 + 330,659.54 = 463,324.43

So, the total future value of your TSP account at retirement would be $463,324.43.

Plugging these values into the formula

Our TSP Retirement Calculator simplifies the process of planning for your future. By inputting your current savings, expected rate of return, and annual contributions, you can see how your TSP account will grow over time. This helps you stay on track with your retirement goals and make any necessary adjustments to maximize your savings. With our TSP Calculator, you have a clear picture of your retirement finances, ensuring you make the most of your hard-earned money.

Don't leave your retirement to chance. Use our TSP Calculator Retirement tool to explore different scenarios and understand how changes in your contributions or investment returns can impact your future savings. By regularly using the TSP Retirement Calculator, you can make informed decisions that will help secure a comfortable and financially stable retirement. Start today and take control of your financial future with our user-friendly TSP Calculator.