I have only heard of the 59.5 rule for withdrawing 401k and IRA money without the 10% penalty.
Pensions have their own rules. I know some retired policemen that starting pulling from their pension at age 47...
“I know some retired policemen that starting pulling from their pension at age 47...”
I do too.
.
You can pull from 401 b4 59.5 under the 72T rule
http://www.investopedia.com/terms/r/rule72t.asp?o=40186&l=dir&qsrc=999&qo=investopediaSiteSearch
Here, correction officers can draw early retirement with the 80-something rule. Don't recall the exact number but it's years employed + age = 80-whatever.
Sorry, can't help the op.
One of my pensions wont kick in till 65.
The others I can draw on now but taking them rules me out from working for those people ever again.
Healthcare is the bugaboo.
I cant afford Obiecare waiting for medicare
Most pensions have a ‘vested’ amount of time. Usually has nothing to do with age.
Hubby retired at 53 with 99% because of 33 years with the Fire Dept.