In this paper, we address the issue of quantifying maximum actuator degradation in linear time invariant dynamical systems. We present a new unified framework for computing the state-feedback controller gain that meets a user-defined closed-loop performance criterion while also maximizing actuator degradation. This degradation is modeled as a first-order filter with additive noise. Our approach involves two novel convex optimization formulations that concurrently determine the controller gain, maximize actuator degradation, and maintain the desired closed-loop performance in both the ${\mathcal{H}}_{2}$ and ${\mathcal{H}}_{\infty}$ system norms. The results are limited to open-loop stable systems. We demonstrate the application of our results through the design of a full-state feedback controller for a model representing the longitudinal motion of the F-16 aircraft.