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This calculator is provided for educational purposes only and does not serve as legal, financial or tax advice. You should always consult with your financial planner, attorney and/or tax advisor as needed.
Results and analyses are based on information provided by you and no assumptions are made as to your particular situation. Projections are hypothetical and are not guaranteed. All investments carry a degree of risk and past performance is not a guarantee of future results. Asset allocation and diversification do not ensure a profit and do not protect against loss in declining markets. You should discuss reallocation of funds, potential fees and investment options with your financial advisor.
To proceed with the calculator, select the Terms of Use box below.
Terms of Use Disclaimer
- I understand that the use of this calculator is for planning purposes only.
- I agree that the results obtained herein are a product of my own input and do not constitute guarantees of any kind from the Washington State Department of Retirement Systems or any other person or entity.
Before you can use this calculator, you must review disclaimer and select the check box.
Enter your current Plan 3 contribution investment account balance. You can obtain this balance by logging in to your online account and selecting your Plan 3 investment account, or by calling 888-327-5596.
The investment account part of Plan 3 is funded by the mandatory contributions you make. You choose how much to contribute from one of these six rate options.
Option A: 5% all ages
Option B: 5% up to age 35; 6% ages 35 through 44; or 7.5% age 45 and older
Option C: 6% up to age 35; 7.5% ages 35 through 44; or 8.5% age 45 and older
Option D: 7% all ages
Option E: 10% all ages
Option F: 15% all ages
If you don't choose a contribution rate, the mandatory default rate will be chosen for you: Option A: 5% all ages.
Estimate the average annual adjustment to your salary.
Enter the age at which you plan to stop working under a PERS, SERS or TRS employer.
Enter the age at which you plan to begin receiving distributions from your Plan 3 contribution account.
Enter the estimated annual rate of return you expect your investments to make before retirement. As an example, 4% is a conservative growth rate, 6% is moderate and 8% is more aggressive.
Enter the estimated annual rate of return you expect your investments to make after retirement. As an example, 4% is a conservative growth rate, 6% is moderate and 8% is more aggressive.
Will you be withdrawing a lump sum amount from your investment account? If so, include that amount here.