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|Subject: Re: Funding Early Retirement||Date: 9/4/1999 12:42 PM|
|Author: intercst||Number: 13656 of 75839|
I'm 27 now and figure that with my 401k and Roth IRA accounts, I'll be able to retire between ages 45 and 50, in that I'll have enough in those accounts to live comfortably off the interest ad infinitum. However, I can't take distributions until I'm 59 1/2 (without penalties, which I don't want to incur) - so what am I supposed to live off in the interim? I've worked hard to get in this financial position so I could retire before I'm ancient, but now it seems that the rules will force me to keep working another 10-15 years even though I'll have enough saved to live off the interest at age 45-50. Any ideas?
The Retire Early Home Page shows you how to do it. See link:
I retired in 1994 at age 38 using the techniques described on the Retire Early site.
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