The TSP Monthly Payment Calculator is a user-friendly tool that helps federal employees estimate their monthly income from TSP savings during retirement. By factoring in the account balance, anticipated returns, and withdrawal timeframe, users can see how their savings translate into sustainable income. This calculator also allows for scenario analysis, showing how changes in withdrawal strategies can impact long-term financial security. The TSP Monthly Payment Calculator is an excellent resource for federal workers aiming to create a reliable and personalized retirement income plan.