Reply to Is a pension all it’s cracked up to be?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Do the numbers.  Biggest advantage of government jobs is the stability.  These 350k jobs are not stable and also not that easy to find so you might be looking at longer pauses in your income that might eat away that higher salary.  Just simulated the numbers for the next 15 years, make some assumptions about possible job losses and see where you land.[/quote]

A pension is only worth about $30k/year with that much income you can recreate a low risk guaranteed income stream from treasury bills etc.

The bigger issue as an older millenial (40s?) is you can make $350k [b]but get laid of at 50 or so —[/b] how easy is it to return, or would you be able to retire at 50?[/quote]

This is often shared on here but how common is it really?  There seem to be many employed baby boomers at corporations. I don’t doubt that ageism exists but also can’t imagine it’s common enough to work for the government because of it. [/quote]

It happened to all of my relatives.

I mean if you are leadership level you are safer, so you have to advance enough to be safe.

Where do you work with plenty of boomers[/quote]

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