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Reply to "Federal Retirement Question"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m with those saying wait until 62 to retire. Think about it like this. You get 1% for every year up to 57. [b]Then those years 57-62 gives you 3% a year.[/b] Those three years of working give you 15% more on your pension. That’s a huge bump.[/quote] Why? I'm confused by the bolded part.[/quote] I think that pp meant since last 5 years you get 15% more pension (which I think it’s more), you get 3% more per year. Not sure if math is correct but I think that’s what pp was trying to say[/quote]
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