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Author: johnIII One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25247  
Subject: ira's and early retirement - help w/ ? Date: 2/25/2005 3:54 PM
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hi,

suppose my wife and i (in our 40's) live a normal middle-class life ($100K combined salary) w/ some savings ($100K in cash). but let's say we have a huge amount in our ira's (say $10 mil). if we could get to it we could retire tomorrow! we don't want to pay penalties, etc. to withdrawl it early. is there any way to leverage the ira's today, knowing we can use the money when we reach 60? we could go into debt now as long as it's not too precarious. any ideas?

any help/ideas appreciated.

thank you,

john
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