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Reply to "if you were able to retire early (55-62) how did you do it"
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[quote=Anonymous][quote=Anonymous]I'm Gen-X and bought a home at 30 in DC. It was a special program for homeowners-- 5% down and around 6% mortgage rate. I'm 55 and took VERA option. I have $2 million in TSP. I haven't actually received the pension yet, so I guess some would say I'm not really retired, but OPM seems to have the wheels in motion to make that happen in 6 months or so. I am currently very busy supporting my kids as they start college, start jobs after college, move across country, etc. So I'm not bored/not wanting to find a new job. My personality is very much of the "Easily Amused" type, so I don't expect I'll be wanting to do expensive travel. Road tripping to visit friends and family in Canada and US sounds great to me. :-) But if you are the type of person that really loves to travel, you may need to wait and not do early retirement.[/quote] Hey PP, How many years of service to be at $2M at age 55? Do you have other 401K besides TSP? OPM is doing a great job, no worries. [/quote]
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