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Reply to "Is a pension all it’s cracked up to be?"
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[quote=Anonymous]NP. I did a spreadsheet to figure out how long I need to work/what my pension is likely to be based on small COLA/raises over the next 15-20 years. If I retire at 65, my pension will be $90,000 per year, my TSP will be over a million just counting contributions from now on as cash, and I'll probably have at least another million in other market funds. I'll start earning 5 weeks of vacation per year next year. I *could* go private, but... why? work-life balance is great. I have union protections. I'm not going to get downsized and spend years potentially futilely looking for a commensurate job.[/quote]
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