Thinking About Retiring at 55? The Hidden Health Insurance Trap You Must Plan For.
Don't let a potentially huge expense fly under your radar.
Overview
Early retirement isn't an easy thing to pull off. But if you've built a lot of retirement savings, you may find that you're able to leave the workforce well ahead of your peers.
Now one thing you should know is that if you try to tap your IRA or 401(k) before age 59 1/2, you'll typically face an early withdrawal penalty of 10%. But there's an exception to that restriction.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.