red19fire posted:

I know someone who took an early retirement buyout at 16 years in. One year's pay. He didn't really grasp that getting a $50k lump sum now is worth less than $200k over 4 years, and $25k/year after that. He signed the documents in Iraq so it was tax-free, then he smuggled power tools back so he could become a home contractor. This was in 2007, about a year and a half before the financial meltdown