Finance calculators

Navy Retirement Calculator

Updated Oct 7, 2026 By Infinity Calculator
Rate Formulas Sources
Service & Personal Information
Drives the suggested retirement system.
If under 3, the High-36 average blends in your previous grade.
Suggested: High-36
Basic Pay Base
2026 DoD Basic Pay table embedded (effective 1 Jan 2026).
Used only when "Enter manually" is selected.
Survivor Benefit Plan (SBP)
Minimum $300; used only for a Partial election.
COLA & Projection Horizon
Long-run CPI-W average is near 2.6%.
VA Disability & Offset (CRDP / CRSC)
VA compensation rates as of December 2025 (2026 payments).
Tax Withholding Estimator

Introduction

This Navy Retirement Calculator estimates your military retirement pay month by month and year by year. You enter your rank, your years of service, and your retirement date, and it applies the retirement formula to those numbers.

It works with all four military retirement plans: Final Pay, High-36 (High-3), REDUX with the $30,000 Career Status Bonus, and the Blended Retirement System (BRS). It also handles Reserve and National Guard retirement, where your pay is based on retirement points instead of active years.

You can add more details to make your estimate closer to real life:

  • Survivor Benefit Plan (SBP): see the monthly premium and what your survivor would get.
  • VA disability: add your rating and see how CRDP or an offset changes your check.
  • TSP and Continuation Pay: for BRS members, project your savings balance and monthly income.
  • Taxes: estimate federal and state withholding for your state.
  • COLA: watch your pay grow year by year with cost-of-living raises.

Results include the dollar amounts, a step-by-step breakdown of the math, charts, and a side-by-side table that compares all four systems. A break-even chart shows which plan pays you more over your lifetime.

These numbers are estimates to help you plan. Your official retired pay comes from DFAS and your service records.

How to use our Navy Retirement Calculator

Enter your service dates, pay grade, retirement system, and a few pay and tax details. The calculator shows your monthly retired pay, SBP cost, take-home pay, lifetime value, and a year-by-year COLA table.

Date of Birth: Pick the month and year you were born. This sets your age at retirement.

Service Entry Date: Pick the month and year you joined. This tells the tool which retirement system fits you.

Retirement Date: Pick the month and year you retired or plan to retire.

Years of Active Service: Type your total years on active duty. Click "Sync from dates" to fill it in from your entry and retirement dates.

Component: Choose Active Duty, Reserve, or National Guard. Reserve and Guard open a points section.

Pay Grade / Rank at Retirement: Pick the rank you retire at. The 2026 pay table sets your basic pay.2

Years in Current Pay Grade: Type how long you have held that rank. Under 3 years blends in your old grade for the High-36 average.

Retirement System: Choose Final Pay, High-36, REDUX, or BRS. You can click "Use suggested" to take the system the tool picks for you.

Election Flags: Check the box if you took the $30,000 REDUX bonus, or if you opted into BRS in 2018.

Statistical Life Table: Pick male or female. This sets a default life expectancy age.

Life Expectancy: Change the age if you want a longer or shorter lifetime estimate.

Display Pay As: Choose Monthly or Annual for how all dollar results are shown.

Basic Pay Source: Use the built-in pay table, or switch to manual to type your own pay figures.

Custom Final Monthly Basic Pay: Type your last month of basic pay. Only used in manual mode.

Custom High-36 Monthly Average: Type the average of your highest 36 months of basic pay. Only used in manual mode.

Drill Points per Year: Reserve and Guard only. Type your drill points, often 48 a year from one drill weekend a month.4

Active-Duty / AT Points per Year: Type points earned from active duty and annual training each year.

Qualifying Years of Reserve Service: Type how many good years you have. You need 20 for retired pay.3

Total Retirement Points: Type your point total from your statement, then check the box to use it instead of the yearly breakdown.

Qualifying Active-Duty Days After 28 Jan 2008: Type your mobilization days. Every 90 days drops your pay start age by 3 months.3 It cannot go below age 50.5

TSP Contribution: BRS only. Type the percent of basic pay you put in. Five percent earns the full match.

Assumed Annual TSP Return: Type the yearly growth rate you expect on your TSP.

Current TSP Balance: Type what you have saved in your TSP today.

Continuation Pay Multiplier: Type the multiplier paid at 12 years, then check the box if you invest that money in your TSP.

TSP Withdrawal Rate: Type the percent you plan to pull out each year. Four percent is common.

SBP Election: Choose No, Full, or Partial coverage for the Survivor Benefit Plan.

Beneficiary Type: Pick spouse, former spouse, children, or insurable interest. This sets the premium rate.

Partial Base Amount: If you chose Partial, type the monthly base you want covered. The minimum is $300.7

Annual COLA Rate: Type the yearly raise you expect on retired pay. About 2.6% is the long-run average.

Projection Horizon: Type how many years the charts and tables should cover.

VA Rating Question: Choose Yes if you have or expect a VA disability rating.

VA Disability Rating: Pick your rating percent. At 50% or more you keep full retired pay and full VA pay.12

Dependent Status: Pick veteran alone or veteran with spouse to set your VA payment rate.24

Estimate Tax Withholding: Turn this on to see federal and state tax taken out of your retired pay.

Federal Filing Status: Pick single, married filing jointly, or head of household.

Dependents: Type how many children qualify for the child tax credit.

State of Residence: Pick your state. Many states do not tax military retired pay.

Other Annual Household Income: Type any other income your household earns each year.

Click Calculate to see your results, or Reset to start over.

Navy Retirement Pay: What It Is and How It Works

Navy retired pay is a monthly check you get for life after you serve long enough. Most sailors need 20 years of active service to qualify. The amount comes from a set formula:

Retired pay = pay base × multiplier

The pay base is your basic pay (not BAH, BAS, or special pay). For a flag officer who retires on or after January 1, 2015 and did not serve as a flag officer between October 1, 2006 and December 31, 2014, the pay base uses basic pay as limited by Level II of the Executive Schedule.27 The multiplier is a percent based on your years of service. More years means a bigger check.

The Four Military Retirement Systems

Which system you fall under depends on the day you entered service.

  • Final Pay: entered before 8 Sep 1980.1 Uses your last month of basic pay. Multiplier is 2.5% per year (50% at 20 years).1
  • High-36 (High-3): entered on or after 8 Sep 1980 but before 1 Aug 1986 (and most who entered after that, before 1 Jan 2018).1 Uses the average of your highest 36 months of basic pay, times 2.5% per year.1
  • REDUX: entered on or after 1 Aug 1986 and chose the $30,000 Career Status Bonus at 15 years.1 The multiplier drops 1% for each year you serve under 30.1 COLA is also 1% lower each year.1 At age 62 the pay gets a one-time reset to what it would have been under High-36, and the lower COLA then continues.1
  • Blended Retirement System (BRS): entered on or after 1 Jan 2018, or opted in during the 2018 window.19 The pension multiplier is smaller: 2.0% per year, so 40% at 20 years.1 You also get a 1% automatic contribution and TSP matching of up to 4%.19 Continuation Pay is a one-time bonus between 7 and 12 years of service.20

Reserve and National Guard Retirement

Reserve and Guard members earn retirement points instead of full active years. You need 20 qualifying years (50+ points each).3 Divide your total points by 360 to get your "equivalent years" of service, then use the same formula.3 Pay usually starts at age 60.3 Every 90 days of qualifying active duty after 28 Jan 2008 moves that start date 3 months earlier.3 It never moves below age 50.5

Survivor Benefit Plan (SBP)

SBP is insurance for your family. If you die, your spouse or child gets 55% of your chosen base amount each month.8 The spouse premium is 6.5% of the base amount, taken out of your retired pay before you see it.10 You can cover your full pay or a smaller partial amount (at least $300).7 Saying no means no premium and no survivor check.

COLA: Why the Check Grows

Military retired pay gets a yearly Cost-of-Living Adjustment tied to the CPI-W.1 From December 1999 through December 2024, the full COLA ranged from 0.0% to 8.7% a year.26 Averaged over those 26 adjustments, that is about 2.6% a year. This helps your pay keep up with prices. REDUX retirees get COLA minus 1%, which is why REDUX falls behind over time.1

VA Disability, CRDP, and CRSC

VA disability pay is tax-free and separate from retired pay.14 The rules matter:

  • Rated 50% or higher: CRDP lets you keep full retired pay and full VA pay.12 No offset.
  • Rated under 50%: your retired pay is normally reduced dollar-for-dollar by the VA amount.12 You still come out ahead because the VA part is not taxed.
  • CRSC can restore pay for combat-related injuries rated at least 10%.13

Taxes on Retired Pay

Military retired pay is taxed by the federal government as ordinary income.14 States are different. Many states tax none of it. Texas and Florida have no individual income tax.15 Pennsylvania does not tax retirement pay.16 Others tax part or all of it. Where you live in retirement can change your take-home pay by thousands of dollars a year.

Things That Change Your Number

  • Pay grade and time in grade: a promotion held less than 3 years only partly lifts your High-36 average.
  • Extra years served: each added year is worth 2.5% (or 2.0% under BRS) of your pay base, for life.1
  • TSP savings: under BRS, the pension is smaller, so your TSP balance does real work. Contributing at least 5% captures the full government match.
  • How long you live: a pension paid for 35 years is worth far more than one paid for 15, which is why break-even age matters when comparing systems.

These are estimates for planning. Your official retired pay is set by DFAS based on your service record.

Formulas used

Gross Monthly Retired Pay
\text{Gross} = \text{Pay Base} \times M
Retirement Multiplier by System 1
M = \begin{cases} 2.5\% \times \text{YOS} & \text{Final Pay / High-36} \\ 2.0\% \times \text{YOS} & \text{BRS} \\ 2.5\% \times \text{YOS} - 1\% \times (30 - \text{YOS})^{+} & \text{REDUX} \end{cases}
High-36 Monthly Average Basic Pay
\text{High-36} = \frac{1}{36}\sum_{m=0}^{35} P\!\left(g_m,\ \text{YOS} - \tfrac{m}{12}\right)
SBP Premium, Net Pay and Survivor Annuity 8
\text{Premium} = r_{\text{SBP}} \times B_{\text{SBP}}, \quad \text{Net} = \text{Gross} - \text{Premium}, \quad \text{Annuity} = 55\% \times B_{\text{SBP}}
COLA-Adjusted Gross Pay in Year y (REDUX gets COLA minus 1%) 1
\text{Gross}_y = \begin{cases} \text{Gross}_{\text{start}} (1 + c)^y & \text{non-REDUX} \\ \text{Gross}_{\text{start}} \left(1 + (c - 1\%)^{+}\right)^y & \text{REDUX},\ y < y_{62} \\ \text{Gross}_{62}\left(1 + (c - 1\%)^{+}\right)^{\,y - y_{62}} & \text{REDUX},\ y \ge y_{62} \end{cases}
BRS TSP Balance Growth and Withdrawal Income
B_m = B_{m-1}\left[(1+i)^{1/12}\right] + p_m\left(\frac{t}{100} + 0.01 + \min(t,3)\% + \tfrac{1}{2}\max\!\left(0,\min(t,5)-3\right)\%\right), \quad \text{TSP}_{\text{mo}} = \frac{B \times w}{12}
Reserve Creditable Years and Pay Start Age
\text{YOS} = \frac{\text{Points}}{360}, \quad \text{Age}_{\text{pay}} = \max\!\left(50,\ 60 - 3\text{ months} \times \left\lfloor \frac{\text{Days}}{90} \right\rfloor\right)
VA Offset and Estimated Monthly Take-Home
\text{Take-Home} = \left(\text{Net} - \text{Offset}\right) - \frac{T_{\text{fed}} + T_{\text{state}}}{12} + \text{VA} + \text{TSP}_{\text{mo}}, \quad \text{Offset} = \begin{cases} \min(\text{VA},\ \text{Net}) & \text{rating} < 50\% \\ 0 & \text{rating} \ge 50\% \end{cases}

Frequently asked questions

How much is Navy retirement pay for an E-7 after 20 years?

Using 2026 pay, a Chief Petty Officer's High-36 average at 20 years is about $6,125 a month. At 20 years the multiplier is 50%.1

$6,125 × 50% = about $3,063 a month, or roughly $36,750 a year before taxes.

If you take full spouse SBP, the 6.5% premium (about $199) comes out first, leaving close to $2,864 a month.

Can you get military retirement pay with less than 20 years of service?

Usually no. Regular retired pay needs 20 years. But there are a few exceptions:

  • Medical retirement if you are rated 30% or more unfit by the service.17
  • TERA (early retirement at 15 to 19 years) when the service offers it, with a reduced check.
  • Reserve/Guard members need 20 qualifying years, not 20 active years.3

If you leave early with no pension, you still keep your TSP money, including any BRS match.

Does BAH and BAS count toward military retirement pay?

No. Only basic pay counts.1

Housing allowance (BAH), food allowance (BAS), sea pay, flight pay, bonuses, and hazard pay are all left out of the retirement formula. That is why your retired check is smaller than your old take-home pay.

Can you collect Navy retirement pay and Social Security at the same time?

Yes. You get both in full. Military retired pay does not cut your Social Security check.18

Service since 1957 pays into Social Security, so your years in the Navy also build your Social Security record.18 Many retirees draw a pension, Social Security, VA pay, and TSP money all at once.

What is the highest multiplier you can get for military retired pay?

Under Final Pay and High-36 you earn 2.5% per year.1 That is 50% at 20 years, 75% at 30 years and 100% at 40 years, and it keeps growing: 41 years is 102.5%.1 The old 75% cap was removed for most active-duty retirements after 1 January 2007.

Under BRS you earn 2.0% per year: 40% at 20 years and 60% at 30 years.1

What counts as a good year in the Navy Reserve?

A good year, also called a qualifying year, is any anniversary year where you earn at least 50 retirement points.3

You need 20 good years to get non-regular retired pay.3 Years with fewer than 50 points still add points to your total, but they do not count toward the 20.

How many retirement points can you earn in a year?

Points stack up like this:

  • 15 membership points for each year in a reserve component.3
  • 1 point per drill period, usually 48 a year from one drill weekend a month.4
  • 1 point per day of active duty or annual training.3
  • Points for approved correspondence courses.

Inactive-duty points (drills and schools) are capped at 130 per year.6 Active-duty days add 1 point each, but no year can hold more than 365 points (366 in a leap year).25

Is the Survivor Benefit Plan worth the cost?

It depends on your family and health. SBP costs 6.5% of your base amount.10 It pays your spouse 55% of that base for life, with yearly COLA raises.8

It is strong when your spouse would need the income and cannot be outlived or cancelled by an insurer. It is weaker if you have no dependents, your spouse has their own pension, or cheap term life covers the gap.

Retired pay stops the day you die. Without SBP, your family gets nothing from it.

When does SBP become paid up?

SBP is paid up once you have made 360 monthly payments and are age 70 or older.9 That is 30 years of payments, and you must hit both marks.

After that the premium stops but the coverage stays. Your survivor still gets the 55% annuity.8

Can you cancel SBP after you retire?

There is one window. You may drop SBP from the 25th through the 36th month after your retired pay starts.11 Your spouse must agree in writing.

If you cancel, you get no refund of past premiums and no survivor annuity later. Outside that window, coverage normally stays until it is paid up, unless you divorce or your beneficiary dies.

How much is Continuation Pay under the Blended Retirement System?

Continuation Pay is a mid-career bonus paid between 7 and 12 years of service.20 The floor for active duty is 2.5 times your monthly basic pay, and the services can pay more for hard-to-fill jobs.20

For an E-6 at about $5,040 a month, 2.5x is roughly $12,600. Taking it adds at least 3 more years of service.20 Many members roll it straight into the TSP.

What is the BRS lump sum option at retirement?

BRS retirees may take 25% or 50% of the value of their pension as a cash lump sum at retirement.19 In trade, the monthly check is reduced until you reach full Social Security retirement age, when full pay starts again.19

The lump sum is discounted, so most retirees end up with less total money. Take it only if you have a strong use for the cash now.

Can an ex-spouse get part of Navy retirement pay in a divorce?

Yes. State courts can treat retired pay as marital property and split it.

For DFAS to send money straight to the ex-spouse, the 10/10 rule must be met: the marriage lasted at least 10 years and overlapped at least 10 years of creditable service.21 Under 10/10, the court can still order a split, but you pay it yourself.

The court can award up to 50% of disposable retired pay (more with child support added).21

Does military retired pay stop if you take a federal civilian job?

No. You can draw your military pension and a federal salary at the same time.

The catch comes later. If you want your military years to count toward a FERS civilian pension, you must buy back that time and waive your military retired pay.22 Run the math first. For a 20-year retiree, keeping the pension is often better.

What day of the month is military retirement pay deposited?

Retired pay is due on the first of the month, covering the month before.23 If the 1st falls on a weekend or holiday, retirees are paid on the last business day of the month before.23

Because 1 January is a holiday, December's pay arrives on the last business day of December.23

Sources

  1. Military Retirement. Military Compensation and Financial Readiness, U.S. Department of Defense. Accessed September 28, 2026.
  2. Basic Pay – Enlisted. Defense Finance and Accounting Service. 2026;Effective January 1, 2026. Accessed September 26, 2026.
  3. Reserve Retirement. Military Compensation and Financial Readiness, U.S. Department of Defense. archived copy, 12 May 2026. Accessed September 28, 2026.
  4. RPAC FAQs. MyNavy HR, U.S. Navy. Accessed September 26, 2026.
  5. 10 U.S. Code § 12731 — Age and service requirements. Legal Information Institute, Cornell Law School. § 12731(f). Accessed September 26, 2026.
  6. 10 U.S. Code § 12733 — Computation of retired pay: computation of years of service. Legal Information Institute, Cornell Law School. § 12733(3). Accessed September 26, 2026.
  7. 10 U.S. Code § 1447 — Definitions. Legal Information Institute, Cornell Law School. § 1447(6)(B). Accessed September 26, 2026.
  8. 10 U.S. Code § 1451 — Amount of annuity. Legal Information Institute, Cornell Law School. § 1451(a). Accessed September 26, 2026.
  9. 10 U.S. Code § 1452 — Reduction in retired pay. Legal Information Institute, Cornell Law School. § 1452(j). Accessed September 26, 2026.
  10. Survivor Benefit Plan: Cost. Defense Finance and Accounting Service. Accessed September 26, 2026.
  11. Survivor Benefit Plan: Change or Stop Coverage. Defense Finance and Accounting Service. Cancelling in the Third Year of Retirement. Accessed September 26, 2026.
  12. Concurrent Retirement and Disability Pay (CRDP). Defense Finance and Accounting Service. Accessed September 26, 2026.
  13. Combat Related Special Compensation (CRSC). Defense Finance and Accounting Service. Accessed September 26, 2026.
  14. Publication 525, Taxable and Nontaxable Income. Internal Revenue Service. Military retirement pay; Veterans' benefits. Accessed September 26, 2026.
  15. Fritts J, Loughead K. State Individual Income Tax Rates and Brackets, 2026. Tax Foundation. 2026. Accessed September 26, 2026.
  16. Gross Compensation. Pennsylvania Department of Revenue. Personal Income Tax Guide, retirement benefits. Accessed September 26, 2026.
  17. Disability Retirement. Military Compensation and Financial Readiness, U.S. Department of Defense. archived copy, 6 June 2026. Accessed September 28, 2026.
  18. You Can Get Both Military Retirement and Social Security Benefits. Social Security Administration. Accessed September 26, 2026.
  19. Blended Retirement System. Military Compensation and Financial Readiness, U.S. Department of Defense. Accessed September 26, 2026.
  20. 37 U.S. Code § 356 — Continuation pay: full TSP members with 7 to 12 years of service. Legal Information Institute, Cornell Law School. § 356(a), (b). Accessed September 26, 2026.
  21. 10 U.S. Code § 1408 — Payment of retired or retainer pay in compliance with court orders. Legal Information Institute, Cornell Law School. § 1408(d)(2), (e)(1). Accessed September 26, 2026.
  22. 5 U.S. Code § 8411 — Creditable service. Legal Information Institute, Cornell Law School. § 8411(c). Accessed September 26, 2026.
  23. Pay Schedule. Defense Finance and Accounting Service. Accessed September 26, 2026.
  24. Current Veterans disability compensation rates. U.S. Department of Veterans Affairs. Effective December 1, 2025. Accessed September 26, 2026.
  25. DoD Instruction 1215.07, Service Credit for Non-Regular Retirement. U.S. Department of Defense. 2019;§ 3.4.f(5). Accessed September 26, 2026.
  26. DoD 7000.14-R Financial Management Regulation, Volume 7B, Chapter 8: Basic Pay Rates, Legislative Changes, and Cost-of-Living Adjustments (COLA) to Retired Pay. Department of Defense. 2025;Table 8-1. Accessed October 7, 2026.
  27. DoD Financial Management Regulation, Volume 7B, Chapter 3: Gross Pay Computation. DoD 7000.14-R. Office of the Under Secretary of Defense (Comptroller). 2025;paragraph 5.9.3. Accessed October 7, 2026.

Related Finance calculators

All Finance calculators
Finance

401k Calculator

Use our free 401k calculator to estimate your retirement savings. Factor in employer match, contributions, and growth to maximize your 401k investments.

Open Finance

Army Reserve Retirement Calculator

Estimate monthly retired pay from retirement points, pay grade, and 2026 pay tables. Compare Final Pay, High-3, and BRS with 20-year COLA projections.

Open Finance

Reserve Retirement Calculator

Estimate Reserve retired pay from retirement points using 2026 pay tables. Compare Final Pay, High-36, and BRS multipliers, add RCSBP premiums and COLA.

Open Finance

Retirement Calculator

Use our free retirement calculator to estimate how much you need to save. Plan your retirement goals, forecast savings growth, and secure your financial future.

Open Finance

Retirement Spending Calculator

Estimate how long savings last across 5 withdrawal strategies. Model Social Security, pensions, RMDs, taxes, and a 30% crash, with Monte Carlo odds.

Open Finance

RMD Calculator

Calculate your Required Minimum Distribution (RMD) quickly. Free RMD calculator for IRA, 401(k), and retirement accounts based on current IRS life expectancy tables.

Open Finance

Roth IRA Calculator

Use our free Roth IRA calculator to estimate your retirement savings growth. See how contributions, tax-free earnings, and time can build your wealth.

Open Finance

Social Security Calculator

Estimate monthly Social Security benefits by claiming age from 62 to 70. Enter earnings, birth date, and marital status. Compare FRA, spousal, and cumulative lifetime totals with COLA adjustments.

Open