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Author: WauseonFox Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19257  
Subject: Re: Early Retirement using the 85 rule. Date: 4/20/2000 9:04 PM
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Ddjjaa:

I have run across plans like this. On the positive side you can calculate retirement age (assuming continuous service) by adding 85 to your starting age and dividing by two. Usually requisites like this are limited to Defined Benefit Plans.

In the real world of today however, there are few Defined Benefit Plans. And that number is decreasing (a result of increasing job mobility). But to address your question, yes the plans exist. They are company-specific. Your HR 'toadies' can tell you if you are affected. Hope this helps.

Incidentally, no disrespect is intended by referring to the HR people as 'toadies'; it just slipped out.

--WauseonFox--
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