Retiring Early? Use the Rule of 55 To Unlock Retirement Freedom
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Retiring Early? Use the Rule of 55 To Unlock Retirement Freedom
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Trying to retire before 60? Creating income for yourself can be tough and can cause penalties if you aren't careful... That's where the Rule of 55 can be helpful and allow you to take money from your employer retirement plan without early distribution penalties, if you satisfy all of the rules.
In this episode, I share what the Rule of 55 is, why it matters, the rules you need to know, and some alternatives.
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Email: jacob@rivertreewealth.com
Website: https://www.rivertreewealth.com
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Jacob Duke, CFP, MBA is the founder of Rivertree Wealth and the host of the Retirement Answers podcast.
DISCLAIMER: This should not be taken as tax, legal, or investment advice. All content is for educational purposes only.