Locator: 10006SBP.
This is back-of-the-envelope and very, very superficially done.
I want to compare what the next egg would have been had we not "bought / enrolled" in SBP and invested that money instead.
I never kept track of annual "cost" but starting in 2023 I will start keep records.
My spreadsheet goes back to 2007, the day I retired, but to keep it small enough to fit on this page it is only the screen shot of the past few years.
|
|
|
2024 |
2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Annual |
$114,408.00 |
|
$9,408.00 |
$9,000.00 |
$8,600.00 |
$8,200.00 |
$7,800.00 |
$7,500.00 |
|
|
|
|
$152,291.88 |
$137,388.35 |
$123,450.34 |
$110,433.02 |
$98,300.98 |
$87,020.17 |
|
|
|
|
|
|
|
|
|
|
|
Projected SBP |
12 |
$6,335.25 |
$76,023.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Again, very superficially:
- we have paid about $114,410 cumulative since I retired, in 2007.
- had that money been invested and returned 4%, compounded annually, it would add up to about $155,000.
- if I die today, May will be paid, tax-free, about $76,000 / year (at current SBP of $6,335.25/ month).
- $155,500 / $76,000 = 2.05 years or two years in round numbers.
I'm pretty sure if I die today, June 23, 2023), May will live another two years.
