Looking for some feedback on early retirement versus a decent sized healthcare perk.
Background:
Family of four. Parents: 37 & 36. Twins age: 7
Basically financially independent, but not retired. One working parent with a solid job that they like. Stressful at times (like all jobs), but generally great. Well paid. Spouse is SAHP dabbles in various small side hustles as time permits. Family maxes out all accounts and owns a few rental properties.
The issue is the health care.
Current company offers a deal where 100% of health care costs will be covered after 25 years of working there regardless of age. So in 14 more years, health care for entire family: employee, spouse and dependent children will be covered. At that point, employee will be 51 and kids will be in final year of college. Parents could live with fully covered healthcare from age 51-65. (Kids will be out on their own at that point.) If employee dies, spouse is still covered until 65. At age 65, Medicare kicks in, but the company also pays a lump sum each year to help cover extra costs.
If employee leaves even one day early before 25 years, all health care benefits are gone.
Thoughts? What would you do? Would you stay and work for 14 more years until the kids are out of school and the free health care perk can be accessed?