TSP Calculator

Plan your retirement with the Thrift Savings Plan. Designed specifically for air traffic controllers with ATC-specific retirement rules, penalty-free withdrawal at age 50, and FERS pension calculations.

Your Information

Personal Information

$
$

Contribution Settings

0%5% (max match)20% (IRS max)
$12,000/year ($462/pay period)
100% Traditional50/50100% Roth

Fund Allocation

L 2050: Automatically rebalances from aggressive to conservative as the target date approaches.

Assumptions

%
%
Contract rate: 1.6%
Total Annual Raise
3.6%
GS (2%) + LOS (1.6%)

Current Allocation

G
14%
F
7%
C
43%
S
17%
I
19%
Projected TSP Balance at Retirement
$2,972,201
Based on 8.83% annual returns
Traditional
$1,899,288
Taxed on withdrawal
Roth
$1,072,912
Tax-free withdrawal
Your Contributions
$502,717
17.2% of total
Agency Match
$251,358
8.6% of total (free money!)
Investment Growth
$2,168,125
74.2% of total
Agency Match Breakdown (Annual)
Auto 1%
$1,200
Match (first 3%)
$3,600
Match (next 2%)
$1,200
Total Match
$6,000
5.0% of salary
Estimated Retirement Income from TSP
Annual Income
$118,888
Using 4.0% safe withdrawal rate
Monthly Income
$9,907
Before taxes
Roth vs Traditional Comparison
Traditional TSP
$982,316
After-tax value at retirement
Tax savings now: $74,880
Roth TSP
$829,512
After-tax value at retirement
Tax paid now: $74,880
Consider Traditional TSP - you expect lower taxes in retirement
Current: $120,000 household income → 24% federal + 0.0% state = 24.0%
Retirement: 10% federal + 0.0% state = 10.0%
ATC TSP Withdrawal Rules
Retirement Eligibility
Need 15 more years for early retirement
26 years until mandatory retirement (age 56)
Key ATC TSP Benefits
  • Penalty-free withdrawal at age 50 (vs 59½ for most)
  • No 10% early withdrawal penalty after separation
  • Mandatory retirement at age 56
Balance Growth Over Time
Annual Contributions
Balance Milestones
$100,000
Age 33
3 years
$250,000
Age 37
7 years
$500,000
Age 41
11 years
$750,000
Age 44
14 years
$1,000,000
Age 47
17 years
$1,500,000
Age 50
20 years
$2,000,000
Age 53
23 years
AgeSalaryContributionAgency MatchTraditionalRothTotal
31$120,000$12,000$6,000$39,890$33,595$73,486
32$124,320$12,432$6,216$56,604$43,208$99,813
33$128,796$12,880$6,440$75,325$53,941$129,266
34$133,432$13,343$6,672$96,256$65,904$162,159
35$138,236$13,824$6,912$119,616$79,219$198,835
36$143,212$14,321$7,161$145,648$94,021$239,669
37$148,368$14,837$7,418$174,616$110,456$285,072
38$153,709$15,371$7,685$206,810$128,683$335,493
39$159,243$15,924$7,962$242,547$148,877$391,424
40$164,975$16,498$8,249$282,173$171,230$453,404
41$170,914$17,091$8,546$326,069$195,952$522,021
42$177,067$17,707$8,853$374,650$223,271$597,921
43$183,442$18,344$9,172$428,370$253,438$681,808
44$190,046$19,005$9,502$487,725$286,728$774,453
45$196,887$19,689$9,844$553,260$323,440$876,699
46$203,975$20,398$10,199$625,568$363,901$989,469
47$211,318$21,132$10,566$705,301$408,471$1,113,771
48$218,926$21,893$10,946$793,168$457,541$1,250,708
49$226,807$22,681$11,340$889,947$511,539$1,401,486
50Penalty-free$234,972$23,497$11,749$996,488$570,935$1,567,422
51$243,431$24,343$12,172$1,113,719$636,239$1,749,958
52$252,195$25,219$12,610$1,242,657$708,012$1,950,670
53$261,274$26,127$13,064$1,384,412$786,866$2,171,278
54$270,680$27,068$13,534$1,540,197$873,469$2,413,666
55$280,424$28,042$14,021$1,711,340$968,551$2,679,891
56Mandatory$290,519$29,052$14,526$1,899,288$1,072,912$2,972,201

Important Disclaimers

  • This calculator provides estimates based on the assumptions you enter and historical fund performance.
  • Past performance does not guarantee future results. Actual returns may vary significantly.
  • Tax laws and TSP rules may change. Consult a qualified financial advisor for personalized advice.
  • Agency match calculations assume FERS employment. CSRS employees have different benefits.
  • FERS pension estimates are approximations. Contact OPM for official calculations.