When you say that all you need to do in order to match a Flt Lt pension is invest 150,000-200,000 then again, you should maybe revisit your maths (yes I do understand the principle of compounding). Maybe our definitions of a Flt Lt pension differ.
Let’s say I live to be 85 (that’s the number I always use when I make a comparison). I am PAS. I work out how much my ‘pot’ is worth based on a variety of exit points.
Leaving at my minimum PAS RoS makes my pot worth a sizeable sum (all numbers are available online).
Leaving at 59 years and 364 days gives me a pretty huge lump sum and reduced annual earnings until SPA. Still a pretty big ‘pot’.
Staying until the bitter end at age 60 gives a smaller lump sum but a pretty decent ‘salary’ for sitting on my arse doing nothing. This is a monstrous pot of money in anyone’s book.
Remember, all of these involve zero input from me.
The big question I ask myself is ‘jam today, or jam tomorrow?’. I still don’t have the answer yet.
Of course, dying before I am 85 does ruin my maths a little!
Anyway, I hope you and the clan are all well.
BV