The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/which-is-if-someone-wants-to-retire-before-59-30521040.aspx

Subject:  Re: Backdoor Roth IRA - Anything need to know? Date:  2/2/2013  10:08 AM
Author:  Hawkwin Number:  71333 of 74759

which is if someone wants to retire before 59 1/2, when the Roth becomes fully distributable, one would have to bridge the gap between the age of retirement and age 59 1/2. So, a regular brokerage account will likely be one of the best vehicles to bridge the gap.

You could withdraw principle early from a Roth without the 10% penalty and without income taxes.

You could also look at a 72T if you retire prior to 59 1/2.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us