Should You Consider Early Buyout?
Moderator: Aitrus
- MakeMe$$$$
- Posts: 772
- Joined: Tue Aug 23, 2011 10:12 pm
Should You Consider Early Buyout?
Don
Rolled over to Fidelity 2/24/18.
Fantasy still playing with Daily Strategy 12767.
Rolled over to Fidelity 2/24/18.
Fantasy still playing with Daily Strategy 12767.
Re: Should You Consider Early Buyout?
Good points made in the article. My organization was closing and I couldn't get over a move further north for two years before optional retirement at age 55. Knew I would regret being a weekend dad for my son's last year in high school and just couldn't get past that given I’d spent so much of his life deployed or on Temporary Duty. Made a forward-looking decision and took a two-year early retirement in Jul 11 and consider it one of the greatest blessings of my life. Worked hard while I was employed, got along and received regular promotions. Ended with 33 years of service under CSRS, which provides a good annuity even with the 4% under-age reduction. Did due diligence in making TSP contributions and have a nice balance that I don't need now. The early out incentive was $16700 after taxes and was just added sweetness. Bottom line is run the calculators (FedCalc got me to within $1.30 of my final monthly annuity) and make the early out decision based on whether you think you can afford to retire, not necessarily getting the incentive. If it’s a close call and you just don‘t know, retire early and enjoy the fruits of your labor! Make the best decision and look forward!
- MakeMe$$$$
- Posts: 772
- Joined: Tue Aug 23, 2011 10:12 pm
Re: Should You Consider Early Buyout?
Air Force offering more buy outs
http://federaldaily.com/articles/2012/01/04/air-force-announces-more-buyouts-early-outs.aspx?s=FD_050112
http://federaldaily.com/articles/2012/01/04/air-force-announces-more-buyouts-early-outs.aspx?s=FD_050112
Don
Rolled over to Fidelity 2/24/18.
Fantasy still playing with Daily Strategy 12767.
Rolled over to Fidelity 2/24/18.
Fantasy still playing with Daily Strategy 12767.
Fund Prices2024-03-27
Fund | Price | Day | YTD |
G | $18.14 | 0.01% | 1.00% |
F | $19.09 | 0.26% | -0.68% |
C | $82.11 | 0.87% | 10.42% |
S | $82.19 | 1.48% | 6.61% |
I | $42.68 | 0.56% | 6.21% |
L2065 | $16.38 | 0.84% | 8.36% |
L2060 | $16.38 | 0.84% | 8.36% |
L2055 | $16.39 | 0.84% | 8.36% |
L2050 | $32.73 | 0.71% | 6.94% |
L2045 | $14.91 | 0.67% | 6.56% |
L2040 | $54.37 | 0.63% | 6.20% |
L2035 | $14.34 | 0.58% | 5.77% |
L2030 | $47.66 | 0.53% | 5.35% |
L2025 | $13.14 | 0.31% | 3.40% |
Linc | $25.60 | 0.24% | 2.79% |