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[quote=Anonymous][quote]^^^That's really helpful, can you do the same for me with FERS?   I realize we don't have a choice to participate but I'm curious just how good FERS is. I think if I retire at 62 my numbers would be 30 yrs service * 0.0011 * $150K (although I suppose pay rates could go up by then).[/quote]

Your numbers: 
Assumed Years of Service	30
Multiplier	0.011
Salary	$150,000
	
Annuity	$49,500
	
Equivalent to savings of	$1,237,500

I calculate the savings equivalent based on a 4 percent withdrawal rate.   You should also have TSP savings. and Social Security.  The combination of each of these should make you fairly financially secure, assuming you don't spend more than your income.  You should be getting an annual summary of what these are all worth.

Comparing FERS with the VA system, the multiplier for the VA pension is really good - bumps the numbers way up.

Also, the VA system is already changing for the worse starting for those hired on or after 1/1/14.  Get in now and you are guaranteed the larger pension.  [/quote]

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