Military Pension Tool

Earned through service. Estimate your monthly retirement pay under the High-3 (Legacy) or Blended Retirement System (BRS) plans.

Typically requires 20 years for a full pension.
Average of your highest 36 months of basic pay.
Monthly Retirement Pay
$3,250

50% of your average base pay.

Annual Pension
$39,000
Multiplier
50.0%

The Lifetime Benefit

I genuinely believe that a military pension is one of the last remaining defined-benefit plans in America. Whether you are Legacy or BRS, reaching 20 years of service unlocks a lifetime monthly check that is adjusted for inflation (COLA) every year.

High-3 (Legacy): If you joined before 2018, you likely stayed in this system. It offers a higher monthly pension (2.5% x Years) but no government matching for your Thrift Savings Plan (TSP).

BRS (Blended): Newer service members are automatically enrolled in BRS. You get a slightly lower pension multiplier (2.0% x Years), but the government matches up to 5% of your TSP contributions, allowing you to build a portable retirement nest egg even if you don't stay for 20 years.

Retirement Tips:

  • COLA: Your pension grows as the cost of living increases.
  • SBP: Consider the Survivor Benefit Plan to provide for your spouse if you pass away.
  • Taxes: Most military pensions are taxable at the federal level, but several states exempt them entirely!