Add Comment Question: Hi I am currently 60 years old and I am on LTD. I have 1 year left befoe change of definition,. I was an employee for 6 years before the tearing my rotator cuff mow my insurance would like to pay me put of my claim,they are suggesting paying me out 1/2 the value of the remaining 5 years to age 65. Is there a rule of thumb for insurance pay outs or are they all specific and individual. Also did the government change retirement age from 65 to 67. Thank you Answer: There generally is not a rule of thumb regarding the amount of money you may receive by an insurance company payout. We unfortunately don't specialize in government benefits so that's not something that I can answer for you. Your Comment * Your Email * Your Name * Your City Note, your name, city and email is not displayed on the website. It is used to notify you that we have approved your comment.