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What if I want to retire before 59 1/2? Will I just have to eat the tax penalties? Or does anyone suggest that I have an additional taxable savings that I can draw from till I am 59 1/2? I am 28 now and I have been contributing to a 401K style fund that I have through the government (S&P 500 Index I put in 10% they match 5). I work for the Air Force as a civilian and I am also a commisioned officer in the Army National Guard. So I will have another retirement but I cannot collect my military retirement until I turn 60. So is there anything I can do to bridge the gap between say ages 45 to 50 when I would like to retire until I turn 59 1/2 and can start drawing from my fund and 60 when I start getting a check from Uncle Sam. I plan to continue eliminating debt and be completely debt free by age 45.
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