High-3 Military Retirement Pension Calculator 2023: Your Future Benefits

Military Retirement Pension Calculator

High-3 Military Retirement Pension Calculator

Estimated Monthly Pension:


Military Retirement Pension Calculator 2023 Overview

Retirement planning is an important part of any profession, but it is especially important for military members. The High-3 Military Retirement Pension Calculator for 2023 is a useful tool for estimating future pension benefits under the High-3 retirement system. This calculator estimates your monthly pension based on your years of service and the average of your top three years’ earnings. In this post, we’ll look at the High-3 retirement system, how the calculator works, and why it’s such an important resource for service people thinking about retirement.

Understanding the High-3 Retirement System

The High-3 retirement system is a traditional pension plan for military personnel, which is based on a simple formula: for each year of service, you receive a certain percentage of your average highest three years’ salary as your monthly pension. As of 2023, this percentage is 2.5% per year of service.

For example, if you have 20 years of service and your average highest three years’ salary is $50,000, your estimated monthly pension would be:

(20 years × 2.5%) × $50,000 = $25,000 per year or approximately $2,083 per month.

Why Use the High-3 Military Retirement Pension Calculator?

  1. Financial Planning: One of the primary reasons to use this calculator is to plan for your financial future. By inputting your years of service and average salary, you can get a realistic estimate of the income you can expect to receive during retirement.
  2. Informed Decision-Making: The calculator empowers you to make informed decisions about your retirement options. You can experiment with different scenarios, such as staying in the military for a few more years to increase your pension or considering other retirement plans.
  3. Goal Setting: If you have a specific retirement income goal in mind, this calculator can help you determine what you need to achieve it. It allows you to set targets and create a plan to reach your financial goals.
  4. Comparison: The High-3 calculator is particularly useful for comparing the High-3 system to other retirement plans, such as the Blended Retirement System (BRS). It helps you assess which plan aligns better with your retirement goals.

How to use High-3 Military Retirement Pension Calculator

Using the High-3 Military Retirement Pension Calculator is straightforward:

  1. Enter your total years of service in the “Total Years of Service” field.
  2. Input the average of your highest three years’ salary in the “Average of Highest 3 Years’ Salary” field.
  3. Click the “Calculate” button.

The calculator will then provide you with an estimated monthly pension based on the High-3 retirement system.


The High-3 service Retirement Pension Calculator for 2023 is a useful tool for service members who are preparing for retirement. It provides a simple and easy approach to predict your future pension benefits, allowing you to make educated decisions regarding your financial future.

You may take responsibility of your retirement planning and work toward attaining your retirement income objectives by utilizing this calculator. Whether you’re a seasoned service member or just starting out, it’s never too early to start planning for your retirement, and this calculator is a great place to start.

Related: 2023 VA Disability Calculator for Veterans

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