Ask The Experts: Retirement

By Reg Jones

Retirement eligibility

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Q. I am 61 years old. I have more than 17 years of civilian service. I would like to retire early by age 62. Is this an option with MRA+10? Voluntary early retirement is not an option yet.

A. At age 62, you could retire on an immediate, unreduced annuity with as few as five years of service.

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Comments

  1. Kimmy Farlou Says:
    March 9th, 2013 at 8:18 am

    Yes, I agree. Age 62 is just the right time to retire. However, it’ll be more relaxing if you have a long term care insurance at your back. Aging will be just like a little chick to handle. But for further knowledge or if you need to understand the long term care insurance elimination period you might want to check this blog long term care insurance – ltc-matters.manifo.com.