Retirement Pay Calculator
Military Retirement Pay Calculator
- Calculate Retirement Pay
- Compare 3 Different Retirement Dates
Calculate Retirement Pay with Advanced Options
- Compare 2 Different Retirement Ranks Against 2 Different Retirement Dates
- Option to enter Breaks in Service for those who got out and back into the service
Pay Charts
Military Pay Charts - From 1949 to 2023
- Estimated Charts to 2050
- Download Military Pay Charts - PDF or JPG
FAQ
1. Military Retirement Calculator -
Compare military retirement pay against different retirement dates and ranks, estimate future pay for 40 years after retirement
and automatically calculates early retirement pay if you enter a retirement date that is less than 20 years of service.
2. Automatically calculates for High-3 or Final Pay depending on the date entered service -
High-3 is for those who entered on or after September 8, 1980.
High-3 is the average base payover the last 36 months of service.
3. How accurate are your formulas?
Approximately 99.8% accurate for final military retirement pay. Future pay is estimated. Our program runs many calculations
and we update the calculator as new policies, proposed pay raises, and pay charts are released.
4. Future Pay Estimated?
This lets you know how much you can expect to earn during your military retirement years. Increases are based on official projected and
historic COLA rates and then I use my projected COLA rates. Formulas also include estimated REDUX re-computation at age 62 for those
who took the REDUX, CSB or Choice option.
5. What will my military retirement pay be?
Enter your dates and rank. Calculator will display final retire pay plus estimated future pay.
6. Advanced Calculator?
The advanced military retirement pay calculator has additional options such as comparing different retirement grades against
different retirement dates. It also has an option for those who had a break in service to enter their date of separation and return to active duty date.
7. Final Retirement Pay is higher than my bank deposit?
Final Retirement Pay and Estimated Future Pay are payments (gross) before deductions such as taxes,
insurance premiums (VGLI), medical insurance, survivors benefit plan premiums and allotments. Your gross pay and the amount deposited into your
bank account can differ significantly depending on your monthly deductions.
8. Who are you?
My name is Mike. I retired from the Air Force after 22 years. :)
9. Break in Service?
This advanced option is for military members with period(s) of absence during their military career.
Some members separate from the service and then later return to active duty.
10. Is the 1% COLA reduction in retirement pay until age 62 for those entering the service after January 1, 2014 included in your formulas?
Yes. In December 2013, a Congressional Budget Deal passed to reduce COLA by 1% for all retired military until age 62 but then ammended the
budget deal in February 2014 to grandfather active and retired military. A 1% COLA reduction only affects those entering the service after January 1, 2014.
11. Are you going to post other calculators?
Yes. Voluntary Separation Pay (VSP) will be included in my next release. Reserve retirement pay calculator and
VA disablility pay are in a near future release.
12. Does your calculator also calculate early retirements?
Yes. If you enter a retirement date that is less than 20 years of service, it automatically calculates
as an early retirement using all current rules for early military retirement.
Military Retirement Calculator
Reset data entered to default settings
Date Entered Military Service
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January
February
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April
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June
July
August
September
October
November
December
1949
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1951
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1958
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2049
2050
Grade at retirement
O-10
O-9
O-8
O-7
O-6
O-5
O-4
O-3
O-2
O-1
W-5
W-4
W-3
W-2
W-1
E-9
E-8
E-7
E-6
E-5
E-4
E-3
E-2
E-1
Date of Rank
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January
February
March
April
May
June
July
August
September
October
November
December
1949
1950
1951
1952
1953
1954
1955
1956
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1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
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1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
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1999
2000
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2005
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2049
2050
Date of Retirement
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January
February
March
April
May
June
July
August
September
October
November
December
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
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1980
1981
1982
1984
1985
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1989
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1991
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2049
2050
Did you take CSB, REDUX or Choice?
No
Yes
Optional - Compare Military Retirement Pay Against Alternative Retirement Dates
1st Alternate
Date of Retirement
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January
February
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April
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June
July
August
September
October
November
December
1949
1950
1951
1952
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1961
1962
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1966
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1968
1969
1970
1971
1972
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1981
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1984
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1989
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1991
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2049
2050
2nd Alternate
Date of Retirement
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January
February
March
April
May
June
July
August
September
October
November
December
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
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2024
2025
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2029
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2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050
Click Here to Calculate Retirement Pay