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roedertt asks,

I'm in my mid-twenties and have over 65K in 401K / IRA accounts - not accessible until age 60-70. At what point should I stop investing in these types of accounts and begin saving for pre-retirement? I'd like to change jobs and reduce my income in the next few years, and then maybe retire at age 45. I realize I will need to save enough $$ to live from 45-60 until my retirement accounts are accessible.



There's a whole web site devoted to retiring early,

www.RetireEarlyHomePage.com

and a TMF message board with over 45,000 posts

http://boards.fool.com/Messages.asp?mid=15384706&bid=112992

The short answer is that you can access your IRA/401k before age 59 1/2 without penalty using the 72(t) exception "substantially equal periodic payments", see link:

http://www.geocities.com/WallStreet/8257/wdraw59.html

intercst
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