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Old January 8th 04, 10:59 AM
Matthew S. Whiting
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G.R. Patterson III wrote:

Margy Natalie wrote:

A friend of mine from high school retired from the Navy at 38! He pulls a
decent pension and last I heard had a great civilian job at the Pentagon. Don't
most folks get a pension after 32 years at the same job?



Not in corporate America. Typical minimum retirement age is 55. Of course, many
companies will cut a deal and "give" you advance years if they really want you to
leave.


Which equates to about 32 years of service for most people. 55 - 32 =
23. Most graduates with a BS/BA degree are 21 or 22 years old. Add a
masters and they are 22 or 23 which is equates to 32 or 33 years of
service by age 55. Add in the early retirement incentives and it is
easy to retire with 31 or 32 years of service.


Matt