I have a unique opportunity and I’m not sure which one will pay off in the long run or how to even assess it. I’m 25 and make 160k in a HCOL area as an engineer. I have an opportunity to take a GS-13 position in a LCOL area. The question is should I take the pay cut for the retirement benefits (401k plus gov bennies(some percentage like 75% of average highest 3 salaries)) or gamble on my current 401k plan. The biggest break here is my 85k student loans that the gov position will wipe away. Degree is for a doctorate in computer science of which I will graduate in two years. My wife is also in the picture making about 65k and will likely make similar money if we move. Is it worth it in long run to take the gov position or not?
Submitted September 18, 2019 at 09:57PM by tictacmcjac https://ift.tt/2Npa9rc
