We do have a small FERS pension - currently worth about $20,000/yr if I deferred it to age 62. If I work to first retirement age (57), I estimate the pension to be close to $38,000/ yr. For FERS, if you work 20 or more years, you are able to collect at aged 60 upon deferral instead of 62. -- a nice gain...I will be at 20 years in 2022.
I have wrestled with the idea of retiring early, but for FERS folks, unless in a special or changed situation with organizations and rules, you forego medical benefits if you retire early before age 57 - you end up having to totally rely on covered-California. At the moment this is just too risky in the long-term - period of time later - in our late 60s, hopefully 70s, 80s..
I'm so tempted to try to retire much earlier, but I keep coming back to healthcare as a wild-card - and the unsettling notion of that. My wife and I just don't have enough savings to make me feel completely comfortable with retiring at 45. If the Federal Government gives early-outs with medical - would be on it immediately though.