ClearToRetire - FERS Retirement Calculator

About ClearToRetire

ClearToRetire helps federal employees plan their retirement with confidence. Calculate your FERS pension, TSP withdrawals, Social Security benefits, and net take-home income — all in one place.

Built specifically for FERS employees, including special provision categories: Air Traffic Controllers (ATC), Law Enforcement Officers (LEO), Firefighters (FF), and Customs & Border Protection Officers (CBPO).

FERS Pension

Full pension calculation with High-3, COLA, age reductions, and special provision formulas

TSP Projections

Traditional & Roth TSP growth, withdrawal timing, and depletion analysis

Social Security

Compare claiming at 62, 67, or 70 with cumulative lifetime analysis

Take-Home Income

Net monthly income after federal & state taxes, FEHB, Medicare, and survivor benefit

Scenario Comparison

Compare retirement years side-by-side to find your optimal date

Year-by-Year Timeline

See your income, benefits, and account balances from retirement through life expectancy

TSP Withdrawal Strategies

Compare Proportional, Traditional-First, Roth-First, or a Custom Mix — with early-withdrawal penalty and RMD modeling

Leave at Retirement

Annual-leave lump-sum payout and sick-leave service credit — plus the ATC NATCA sick-leave buy-back option

PDF Reports

Export full, timeline, and comparison reports as shareable PDFs for your records or advisor

Key Features

FERS Eligibility Check — Automatically determines your retirement path (Immediate, Early, MRA+10, Deferred) and COLA eligibility
Special Provision Support — ATC, LEO, FF, CBPO with 1.7% multiplier, SPLIT and MRA+30 formulas
FERS Supplement — Calculates the Special Retirement Supplement for eligible employees
Detailed Tax Breakdown — Federal tax brackets plus state-specific rules (pension exemptions, SS taxation), with a year-by-year view of federal, state, and penalty taxes
TSP Withdrawal Strategy & Penalty — Traditional/Roth split with Proportional, Traditional-First, Roth-First, or Custom Mix strategies; IRS 10% early-withdrawal penalty (with Rule of 55 and Public Safety Officer exemptions) and Required Minimum Distributions
Leave at Retirement — Annual-leave lump-sum cash payout and sick-leave service credit, including the ATC NATCA 40% sick-leave buy-back option
VA Disability with COLA — Tax-free VA disability compensation that grows with the official Social Security COLA
PDF Export — Save and share full, timeline, and comparison reports as PDFs
Health Cost Projections — FEHB premiums, Medicare Part B/D, and Medigap with annual growth
Survivor Benefit Analysis — Full, partial, or no survivor election with cost impact
Investment Accounts — Non-TSP investment tracking with tax treatment and withdrawal planning
Other Income Sources — Rental income, part-time work, military pension, and more
What-If Slider — Instantly see how changing your retirement year affects everything
Income Target Tracking — Set a monthly income goal and see when you'll reach it

Disclaimer

Important Notice

ClearToRetire provides estimates for informational and planning purposes only.

Not Financial Advice: This app is not a substitute for professional financial, tax, or legal advice. Consult a qualified financial advisor before making retirement decisions.
Estimates Only: Calculations are based on current federal regulations and the information you enter. Actual retirement benefits are determined by OPM, SSA, and other federal agencies.
Verify With Official Sources: Always verify your retirement estimates with your HR office, OPM, SSA.gov, and the TSP. Regulations, tax brackets, and benefit amounts change over time.
No Warranty: This app is provided "as is" without warranty of any kind. The developer is not liable for any decisions made based on information from this app.

Frequently Asked Questions

Q: Who is ClearToRetire for?

A: ClearToRetire is designed for all FERS (Federal Employees Retirement System) employees, including regular FERS and special provision categories (ATC, LEO, FF, CBPO). It is not designed for CSRS employees.

Q: Does ClearToRetire collect my data?

A: No. ClearToRetire processes everything locally on your device. No personal information, financial data, or retirement details are ever transmitted to any server. See our Privacy Policy for complete details.

Q: How accurate are the calculations?

A: ClearToRetire uses the same formulas and constants published by OPM, SSA, and IRS. However, actual benefits are subject to official determination by federal agencies. Use this app for planning purposes and verify critical numbers with your HR office.

Q: What tax calculations are included?

A: The app calculates federal income tax using current brackets and includes state-specific rules. Many states exempt federal pensions and/or Social Security from state income tax. The app accounts for these exemptions based on your state of residence.

Q: Can I compare different retirement dates?

A: Yes. The Compare tab lets you view two retirement years side-by-side, showing differences in pension, TSP balance, Social Security, net income, and more. The Dashboard also has a what-if slider to instantly adjust your retirement year.

Q: Can I export or share my results?

A: Yes. ClearToRetire can generate full, timeline, and comparison reports as PDFs that you can save or share with your HR office or financial advisor. PDFs are created on your device — nothing is uploaded.

Q: What is the FERS Supplement?

A: The Special Retirement Supplement (SRS) is a bridge payment for eligible FERS employees who retire before age 62. It approximates Social Security benefits based on your federal service and stops at age 62. ClearToRetire calculates this automatically based on your eligibility.

Q: What iOS version do I need?

A: ClearToRetire requires iOS 17.0 or later.

Contact & Support

Need help or have feedback?

Email: tailwindapps@icloud.com

We typically respond within 24-48 hours.