Need opinions/advice, etc
I will probably be eligible for an early out retirement that my company will be offering. I am really on the fence about this. I know I will lose--for starters-- over $300 a month if I left now as compared to staying till my normal retirement time and age. My health insurance premium would immediately jump to about 4 x what I pay now. I would also lose out on adding to my company investments, IRA, etc. My working expenses are very low so that wouldn't help much. I think I can count on rent, utilities, car maintenance etc going up no matter what I do. However--if I left in Feb 2004, I would be gaining 3 years of freedom. My financial health is saying, "Stay!" but my mental health is saying go (I think it's already retired and the body is just showing up for work!) and the physical health doesn't know what to think. There is also the factor if I wait it out till April 2007 the retirement requirements could change and I would be expected to stay longer--not even a possibility. Any thoughts would be appreciated--there has to be things I haven't considered. Thanks for your help-sorry this is so long.