Plan the month before it starts.
Enter retired pay and the bills it has to carry. See the reserve, the committed spending and what is actually left.
Pension Day Planner
A pension month, in numbers
This is the same arithmetic the Military Retired Pay Account applies on pension day. Change the figures to fit your household.
Your pension month
Change any figure to see the month move.
$
Day of the month the pay lands.
$
$
Housing, utilities, insurance, loan payments.
$
Food, fuel, travel and everything else.
%
Moves to savings on pension day.
The month at a glance
Income in$4,280
Reserve out (10%)−$428
Committed spending−$3,640
Left after both$212
Arithmetic based on the figures you enter. It does not include taxes, irregular costs or investment returns.
Pension day
1
Pay lands
1
Reserve
as scheduled
Bills due
$212
Buffer
At 10%, the reserve builds to $5,136 over 1 month.
Want the account to do it automatically?
The planner is a model. The account applies the reserve rule every pension day, with a statement that shows the same three moments.