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Reply to "How do you calculate the value of your federal pension? "
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[quote=Anonymous]There are good threads on this on Bogleheads and Reddit. For example, https://www.reddit.com/r/Bogleheads/comments/1elzb8x/calculating_a_pension/ Very roughly, I’m assuming for my own purposes that approx $40k/year is equivalent to $1M in retiring savings. But with fed pensions, note the additional benefit of COLA adjustments — they strike me as a valuable factor. So the value is actually higher than that very rough 4 percent calculation I think. [/quote]
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