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Retirement Discussions / Retire Early CampFIRE
|Subject: CORRECT AGE CALCULATION||Date: 1/15/2000 8:04 AM|
|Author: ttjasi||Number: 2224 of 779786|
Hello Fellow Fools.....It is my understanding that when
applying your age as selected from a IRS approved
mortality table you use your age as of 31 December, the END of
the year....not your age on the particular day you are consulting the table. Most advice that I have
found about early withdrawls don't mention this, potentially screwing up the calculations if you make
and implement them BEFORE YOUR BIRTHDAY.
Any guesses on what inspired my nickname????????????
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