Reply to "Trying out" Fed Retirement - is it better to retire or take LWOP?

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Reply to ""Trying out" Fed Retirement - is it better to retire or take LWOP?"

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[quote=Anonymous][quote=Anonymous]OP here.  I don't think I phrased my question well enough. I'm looking for folks to share experiences they've had retiring from a Fed position and then going back if they realize it was a mistake (for whatever reason, not necessarily financial).

I've done the financial calculations and I can retire at the minimal retirement age.  But as most of you feds likely know, the difference between what I'll get at 57 and what I'll get at 62 is substantial.  And who knows what the stock market will do to my TSP over the next 5 years (and yes, I've run monte carlo simulations, which all say I'll be "fine").  But life can be unpredictable and expensive.   
I'm feeling very DONE right now so my gut is to go.  But perhaps this feeling will pass, I do like the agency mission.

Plenty of folks at my work take LWOP.  Many have also gone to private sector and then come back.  I don't know many have retired and then come back.

I have talked to folks who retired at MRA, and no one has any regrets.  Some do have other jobs to supplement income.

I guess part of the issue is that it's just tough to jump.  Being a Fed I'm a bit risk-averse.  [/quote]

I’ll be in the same boat in a year.  I totally get what you are saying about wanting to try it on for size.  And feeling done now.  If others in your agency have gotten LWOP granted I would go for it. My agency would think I was nuts—staffed too close to the bone to let someone walk off for a bit. [/quote]

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