Ok i know this question is unanswerable because there are too many unknowns but here goes. I am early 60s. 30 years with Citi. Mostly 2/3 occasional 1/2. LEA a few years back. I'd like to quit this afternoon but financially I would be better off to stay a couple more years. If I stay they pay me for 3 years and I work. If I get RFI'd they pay me for a year. Does that make any difference?
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COBRA is for 18 mo so when you hit 63.5 is when you can bounce and use COBRA as the bridge to Medicare @65.
I'm in the same boat. For me it's all about the healthcare since I won't be 65 for a couple of years. I don't have a spouse's policy to jump onto, so it's either Obamacare rip off or Cobra until Medicare kicks in. I asked to RIF'd back in Feb., but crickets. If I don't get RIF'd by April 15th, then F'em. I'll notify the retirement hotline that I'll be out on May 1st.
@OP What's LEA? Leave of Absence? Leader in Excellence Award? Law Enforcement Agency?
@OP the biggest risk is being kept on and then getting let go a year later with a less desirable package. Many companies are moving to 1 week per year with a max of 15 or so.
Using my keen financial acumen the answer is yes. 2 years of pay difference.