Stu5
Level 1

Taxes on my retirement

I really need help figuring out how much taxes will be taken out when I retire in 2 1/2 years @ age 62.  I am projected to receive monthly exactly:
 
FERS:  $2,360
SOCIAL SECURITY:  $2,076
TSP:  $2,500
 
My military and disability are not calculated here as they are already set payments.  I am calculating a 12% reduction.  Please prove me wrong.