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Get a snapshot of your future with the myVRS Retirement Planner
VRS has launched the myVRS Retirement Planner, a new comprehensive tool to help you estimate your retirement income.
Because the Retirement Planner is part of your myVRS member online account, your VRS information is pre-populated in the planner. Other information, including assumptions for investment returns, inflation and health insurance, has been built into the planner. You can change or add information to produce a financial view tailored to your future financial needs.
The Retirement Planner allows you to:
- Evaluate different VRS retirement scenarios such as using different estimates from the myVRS Benefit Estimator or retiring on a different date.
- Factor in tax-deferred savings or Individual Retirement Account (IRA) information.
- Project the impact of increasing your retirement savings or changing your investment strategy.
- View an estimate of your Social Security benefit if you are eligible for Social Security on the retirement date you enter.
- Include health insurance premium estimates.
- Include your spouse’s or other individual’s retirement income.
- Itemize living expenses in retirement.
The planner offers two views of your future: the Quick Plan and the Detailed Plan. The Quick Plan gives you an instant snapshot of your future, using your VRS information and certain general assumptions based on the retirement date you enter. The Detailed Plan offers you flexibility to change or enter additional information to produce a financial view more tailored to your goals.
To use the planner, log-in to myVRS. If you have not created a myVRS account, register here.
