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Reply to ""Trying out" Fed Retirement - is it better to retire or take LWOP?"
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[quote=Anonymous]First, if you leave, retire, so you can take your medical insurance with you. If you just leave and return, you may have to reestablish 5 years of medical insurance before you can retire with it. Second, too many people stay too long. If you can afford it, leave. Otherwise, there’s always another dollar to make. No matter when you retire, your salary will always be more and your pension could be larger. What matters is your ability to lead the life you want to live. Third, as you say, after some time off, you might want to do something else, and it may provide some extra funds. Finally, retirement expenses can be whatever you want them to be. If you’re risk adverse, make sure your home is paid, consider moving somewhere where property and/or state taxes are lower, etc. The point is, you can always adjust your spending. At your age, time is precious. Do something you want to do with it. Good luck![/quote]
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