Figure out this math...

[Bryan P.]

Trying to figure out if we get screwed on our pension plan.

After 22 years in the system, I will have invested 8% of my income, which is approximately a total of 80,000 by today's dollar value. It is inflation adjusted and based on the highest three years of pay.

After 22 years of service and 80,000 invested into it, I will receive approximately 25,000 net per year in benefits.

25,000 net, divided by 80,000 is a 31% return. So I get a 31% return after age 50, but 0% return before that. (obviously)

If I took a 10% early withdrawal penalty, plus income tax, by early withdrawal, I'm trying to figure out if I could beat those numbers.

I'm trying to figure it out with compound interest calculators, also including taxes. I'm getting a little confused.

If I took the retirement benefits for 20 years (from age 50 to 70.), I would net approximately 500,000 during those 20 years.

Originally, if I took 20,000 bucks and compounded for 40 years at 8% interest (conservative for real estate returns) is around 400,000.

I think this makes sense. If you're a math wiz and can make sense of this, help!