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Is there a "Rule of 60" for early retirement pertaining to all individuals?

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Is there a "Rule of 60" for early retirement pertaining to all individuals?

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  1. No there is no universal Rule of 60.  Individual employers may have a formula giving benefits to persons who meet the employer's version of the Rule of 60.  For example, a Rule of 60 could be 15 years of service after age 45.

    But no Rule of 60 for tax purposes.


  2. I've never heard of that one.  More details please!

  3. Some companies and unions have a number where you can retire if your age plus years of service is at least that number - I assume that's what you are talking about.  No, it's not universal across employers and does not apply to everyone.
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