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This seems like a good Plan B to have. If you really start to hate the path you're on, you have the freedom to walk away. At age 35, you'll have what Taleb calls "F U money." I doubt you'll retire at 35, though. My guess is you'll pursue a different job for less pay (e.g., maybe try a few...

Fuego, the reason I'm focusing on PSLF is because the forgiveness is not taxable, and it is only 10 years. Regular IBR requires 25 years, and forgiveness is taxable. The tax implications can be horrendous. For example, consider a borrower with $150K at 6.8% interest, who remains at the...

Agreed, that's why I'm discussing this as a plan B. It makes no sense to switch to a job where one is saving less just to qualify for IBR. However, if you can find an IBR-eligible job that is enjoyable and in a lower cost area, then one may be able to take a substantial pay cut and still break...

Interesting suggestion. I've never considered military work, but it does seem to meet most of the criteria. Doesn't it take 20 years for the pension benefits? The ideal time frame would be 10 years.

Hi, I'm a new member who joined after reading Fuego's idea on using income-based repayment as part of a FIRE strategy. This has been a plan B of mine for a couple years. Good to see someone else has a similar idea. Some of you may know me from Bogleheads. I'd like to keep this thread from...