Q. I am 59 years old, and will be 60 in July. I will have 42 years of government service in October, at which time I plan to retire.
I am weighing my options. If my agency offers a buyout, should I leave in the spring or stay for my 80 percent? I am not sure how much I’ll be losing, but I am so close now. I’m just not sure what to do. I certainly could use the $25,000 (minus approximately $8,000 in taxes). Please give me your ideas.
A. You are asking for specific analysis and advice, which I can’t provide without an advisory engagement.