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Old 06-01-2013, 09:57 PM   #1
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48 year old Federal employee (almost 49 ). Eligible to retire June 5, but will stay until the end of the year.

Special retirement for LEO/FF/ATC, 25 years at any age, or after 20 years at age 50. Bought back 5 1/2 years military, with my sick leave I will be credited with 32 years gov. service.

Kids grown, monthly retirement income will exceed monthly bills. I will remain in the Federal Health Insurance program. COLA's, yes. Plus I might just take some 72T distributions from my TSP (401K) to have some emergency cash. I'll decide after I am retired and I see how things work out.
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Old 06-02-2013, 06:52 AM   #2
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Wow, sounds fantastic. Congrats!
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Old 06-02-2013, 11:30 AM   #3
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Welcome to the forum Kaufmanrider! It sounds like you are in a good place.
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Old 06-02-2013, 12:00 PM   #4
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I would try to not take any distributions from your 72T. Wait and see how things work out then adjust some of your fun money or not really needed stuff. Either way congrats, after hustling and working for all that time your day is finally here.

Walter

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Originally Posted by Kaufmanrider View Post
48 year old Federal employee (almost 49 ). Eligible to retire June 5, but will stay until the end of the year.

Special retirement for LEO/FF/ATC, 25 years at any age, or after 20 years at age 50. Bought back 5 1/2 years military, with my sick leave I will be credited with 32 years gov. service.

Kids grown, monthly retirement income will exceed monthly bills. I will remain in the Federal Health Insurance program. COLA's, yes. Plus I might just take some 72T distributions from my TSP (401K) to have some emergency cash. I'll decide after I am retired and I see how things work out.
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Old 06-03-2013, 07:41 PM   #5
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I am one year younger than you. You are not alone ! Welcome.
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Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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Old 06-03-2013, 08:26 PM   #6
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Green with envy!!!! Welcome to the board!
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Old 06-04-2013, 02:06 AM   #7
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Well done so far. Now make sure that you enjoy your life even more.
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Old 06-04-2013, 05:17 AM   #8
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Welcome and great job. Persistence pays off. Enjoy.
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Old 06-04-2013, 04:07 PM   #9
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Welcome to the forum and thank you for your service.
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Old 06-04-2013, 04:29 PM   #10
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So nice! FI and not even 50 is just so cool!
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Old 08-03-2013, 09:19 AM   #11
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So nice! FI and not even 50 is just so cool!
It's official. Submitted my retirement effective Jan 11, 2014. now I can't wait!
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Old 08-04-2013, 08:12 AM   #12
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Congrats and thanks for your service!
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Old 08-04-2013, 10:11 AM   #13
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Congrats and thanks for your service!
Thanks DFW_M5. And the DFW area of Texas will be a great place to spend my early retirement.
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