LEOFF Helper Retirement Planner | LEOFF 2 Pension Calculator

LEOFF Pension

Retirement Age Years of Service Final Average Salary Life Expectancy COLA % Survivor Option Survivor Age Benefit Enhancement

Stable Income Sources

Other household income

Add predictable income sources only when they should be part of the household retirement income picture. Leave these off if your LEOFF pension and Social Security are the only stable income streams you want modeled.

PERS Plan 2 Add a Washington PERS 2 pension with service years, average final compensation, and start age.

Military Retired Pay Estimate regular or non-regular military retired pay using Final Pay, High-36, REDUX, or BRS formulas.

Military Disability Pay Add VA disability compensation or DoD disability retirement as a separate military income source.

SERS Plan 2 Add a Washington school employee pension with Plan 2 service, monthly AFC, start age, and hire date.

PSERS Plan 2 Add a Washington public safety employee pension with PSERS service, monthly AFC, and start age.

WSPRS Plan 2 Add a Washington State Patrol pension with active/inactive retirement status, monthly AFS, and AFS cap handling.

TRS Plan 2 Add a Washington TRS 2 pension when teacher retirement benefits are part of the household plan.

Defined benefit pension Use this for a user or spouse pension outside the listed pension systems.

Other stable income Add annuities, military pensions, trust payments, out-of-state pensions, or similar reliable income.

Social Security

Birth Year Claim Age COLA Known Benefit Type Monthly Benefit at Full Retirement Age

Retirement Accounts

Assets

Debts

Current Monthly Expenses

Enter your current monthly household expenses. These are required before the simulator can run and are used to model both pre-retirement and retirement cash flow.

Housing Groceries Bills Auto Healthcare Insurance Other

Pre-Retirement Surplus Savings

Choose whether excess household cash flow before retirement should be saved and modeled as a future retirement resource.

Surplus Sweep Target Sweep % of Annual Surplus Annual Growth %

Expense Inflation Assumptions

Premium

Custom Stress Testing

Premium Only

Sign in with a premium account to define harsher Monte Carlo assumptions for inflation, healthcare, and sequence risk.

Enable custom premium stress profile

Goods & Services Inflation Stress % Housing Inflation Stress % Healthcare Inflation Stress % Portfolio Downside Floor % Early-Recession Shock Years Early-Recession Shock Return %

These settings affect Monte Carlo Plus in the dashboard and save with the current workspace when enabled.

Step 8

Generate the full retirement report

Complete your current household expenses first so the simulator can generate a live projection and report snapshot.