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Yet another milestone!
Old 07-26-2014, 02:28 PM   #1
Dryer sheet wannabe
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Yet another milestone! seems like yesterday (2008) that I introduced myself to the ER crowd and announced that I'd hit the 100K net worth threshold:

An Introduction, savings milestone and some questions (all in one post!)

Everyone told me that your first 100K is the hardest...and they were right. It took me 38 years to hit that mark; yet only seven years after my initial post, I'm now at 250K (single, 44 years of age). I'm retired AF (decent pension), have a V.A. pension, the aforementioned net worth, and just landed a GS-9 civil service job with promotion potential to GS-12. Granted, I could probably do 20 years in the federal service but that's not the plan...10 years tops! I wanna be out of the "rat race" in my mid-50's.

Life is good! Thank you to everyone on these boards who give advice and help those who seek wisdom!

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Old 07-26-2014, 06:54 PM   #2
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Congrats and thanks for the follow up! Good to know things are going well for you.

“One day your life will flash before your eyes. Make sure it's worth watching.”
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Old 07-26-2014, 06:58 PM   #3
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Excellent new. I wish I had understood more about government jobs with pensions earlier in life. Congrats on the new position.
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Old 07-27-2014, 06:12 AM   #4
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Old 07-27-2014, 11:29 AM   #5
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Will you get a pension after 10 years?
Proverbs 15:22 Designs are brought to nothing where there is no counsel: but where there are many counsellors, they are established.
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Old 07-31-2014, 02:54 PM   #6
Dryer sheet wannabe
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Originally Posted by rec7 View Post
Will you get a pension after 10 years?
Actually, to be eligible for a civil service pension, you have to meet what's called "Minimum Retirement Age" (MRA). My MRA is 57 years I'll have to stay GS until then (for 13 years) to be eligible.
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Old 08-02-2014, 12:07 AM   #7
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You can get a differed pension after 5 years with FERS, but you cannot collect until you are 60.

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