fisemper,
As Retire 52 points out, you pension and SS (eventually) are COLA adjusted. Though you can make an argument that the CPI-W adjustment doesn't fully account for the real inflation in the economy, it's pretty darn close and a phenomenal benefit.
Your concern, not being able to enjoy retirement, is going to be based on a combination of your retirement income and spending. With 30 months to go before retirement, I strongly recommend that you figure out what your specific - not aggregate - retirement expenses will be. Make sure that $36k/yr includes everything that could come up.
Do the same with your expected pension income as well, plotting out what your monthly take home retired pay will be. No more OASD and Medicare tax, but Uncle Sam will continue to take a share for Federal income tax...your state may or may not tax retired pay: figure out NOW what your take home will be.
With a firm grasp on your income and spending #'s you can then evaluate where your comfort level is and whether you can safely retire.
Also be sure to check out this thread:
https://www.early-retirement.org/fo...-answer-before-asking-can-i-retire-69999.html
As a military retiree, you're a step ahead of the game with a reliable source of income and healthcare (Tricare) taken care of.
I've been military retired for 5+ yrs now and it's been great. I completely retired at the end of July once I was confident that my income, expenses and assets put DW and I in a place where we could comfortably sleep at night regardless of what the market does.
Good luck as you prepare for your retirement!