No. of Recommendations: 0

Thank you so much, that is exactly what I was looking for. I'll adjust the numbers a bit based on the definition of final average pay from the plan.

There is also no doubt that the "emotional" value of being able to retire two years earlier is hard to predict but I'm thinking that it may very well be priceless.

Does anyone have thoughts about using the money in my 457 plan to pay for the extra years of service. I don't like the idea, but I'm thinking it may be because I worked so hard to contribute that money each month and I like watching it grow.

Thanks again.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.