Reply to What private sector salary would be equivalent to Fed salary of $150k?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] LOL - $150 fed salary is $150 private sector.  You're not going to get a $50K pay cut for going contractor and you'll probably have to take a paycut if you're going to a non-government contracting industry.  Good luck, haha.[/quote]

With the pension for fed employees, you prob have to add ~$15-20K (?) a year for comparable base salary in private sector. 
Bonuses and stock options are a plus on the private sector side.
Difficult to put a price on job security, esp with possible recession coming (aren't last in usually the first out?) and age discrimination.  [/quote]

If a pension is worth 50k a year, and you live 30 years post retirement, that’s 1.5 million. So you’ll need to dump much more than 15k-20k a year post tax money into some investment account (maybe 50k)?

[/quote]

NP. I don't know if this is accurate, but yeah, I would think I would want a min of $200k to move to private industry (current GS15, $150, going up to $160 next year).[/quote]

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