Military Pension Calculator
Calculate the lifetime value of your military retired pay. See how COLA adjustments grow your pension over time and compare the lump sum equivalent of your guaranteed income stream.
Military Pension Details
Pension Value Score
Your military pension has exceptional lifetime value with strong COLA protection and a high lump sum equivalent.
Monthly Pension
$3,000
Lump Sum Equivalent
$935,321
Annual Pension
$36,000
$3,000/month
Lifetime Income
$2,426,494
over 40 years
Present Value
$935,321
at 5% discount
Final Year Pension
$94,305
162% COLA growth
Annual Pension with COLA Growth
How your military pension grows over time with cost-of-living adjustments
Cumulative Pension Income
Total pension income received over the course of retirement
Pension Valuation Summary
Key metrics for understanding your military pension value
Retirement Duration
40 years
age 42 to 82
COLA Growth Multiple
2.62x
2.5% annual COLA
Lump Sum Equivalent
$935,321
present value at 5%
Personalized Insights
Actionable recommendations based on your numbers
Lifetime pension income: $2,426,494
Your military pension will pay over $2,426,494 across 40 years. This is an outstanding guaranteed income stream that most civilians never receive.
Lump sum equivalent: $935,321
At a 5% discount rate, your pension is equivalent to a $935,321 lump sum. This is the amount you'd need invested to replicate your pension income stream.
COLA grows your pension 162% over 40 years
Your 2.5% annual COLA increases your pension from $36,000/year to $94,305/year by age 82. Military COLA tied to CPI is one of the most valuable pension features.
40 years of pension income
Retiring at 42 gives you 40 years of guaranteed income. Military members enjoy one of the earliest retirement ages of any profession, maximizing lifetime pension value.
Time value significantly impacts pension worth
The present value ($935,321) is 39% of total lifetime payments ($2,426,494). A lower discount rate would increase the present value. The 5% rate reflects what you could earn investing the money yourself.
Related Retirement Calculators
Explore the next planning questions readers usually compare with this calculator.