Current situation: $92k/year. Government has pension(which I pay 4.4% of my annual salary into), 5% full 401k matching.
Offer from defense contractor: $100k year. No pension obviously, but 7.5% full 401k matching. I would get the pension money I'm paying out now back into my paycheck.
Long story short, I am thinking of going to contractor for about 5 years to use the extra money to pay off the rest of my school debt, then go back to government work to continue to build my pension again.
Is this dumb? Is getting a 10% increase worth it for getting some stress of going to an At-Will state? There are plenty of contractors out there, so it's not like if for some reason the business goes under I'd be without a job for long. It's a small defense contractor.
Submitted June 28, 2018 at 07:26AM by MisterBananaNaners https://ift.tt/2Iynp62