u/Bible_Detective

Thanks to all who replied to my previous post in this group. After several days of deep consideration I plan to retire early from federal service.

It's sad to go out like this - hating going to a job that I used to love, dreading every Monday and counting the hours until Friday. There's no way I can do this to myself and my family for 2 more years until I'm eligible for a full unreduced retirement.

Tonight I'll go home, talk through it with my wife one more time, select my retirement date, and then submit the request tomorrow morning.

Wish I had trusted and taken DRP, but too late to worry about that now. Have 2 years until I'm eligible for an unreduced retirement, but hit my MRA last year and am seriously considering going now and just taking the reduction.

Have spent the past 2 days running the numbers and it looks like I can afford to leave now. Have $1.2M in my retirement accounts (mix of TSP and another 401k), and have a military reserve pension that will start in 2 years as well. Along with that I'll be able to switch to Tricare from FEHB in 2 years, reducing my health care premiums by 90%.

The biggest surprise in running the numbers is seeing that assuming average market returns and keeping my total income at current levels by supplementing my pension with TSP withdrawals my retirement account balance will be the same or higher in 4 years after I start SS as it is now.

Worst case is a major marker downturn, but I have 4+ years of retirement distributions in the G fund isolated from the stock market, so hopefully time to start to recover.

Am I missing something obvious? I really dislike my job right now, drive 2 hours a day to work in a literal storage closet, and am in the first stages of a possible health scare.