@lisaasmith8: CAN'T USE THE RULE OF 55? DO THIS INSTEAD! Can't use the Rule of 55 to retire early? Do this instead. The rule of 55 only works if you leave your job at 55 or later. Too young, or your money is in an IRA? LOCKED OUT. Use rule 72T: take equal payment every year & the IRS drops it's 10% penalty. But once it's on, your committed. 5 years or until 59 1/2, which ever is longer. Take $1 too much or stop early and the penalty roars back - plus interest. #LisaSmith #LisaSmithRetireby45 #BuildWealth #MoneyTips #Rule72T #Retireby55 #Ruleof55 #MoneyTips #Retirement #Retireearly
Why would anyone, with the current unknowns, retire early. I live in Florida and people come here after retiring early and find out the hard way that they should not have retired early. Retirement IS VERY EXPENSIVE be very careful
2026-06-23 20:30:57
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forum213 :
good tip thanks!
2026-06-25 03:36:51
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wiggles1269u :
Or you use a 72T and go when ever
2026-06-26 06:07:46
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unknown618043 :
Or in the year you turn 55
2026-06-25 16:52:24
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kevintornkvist :
what is the right amount, so it's not too much?
2026-06-24 02:19:25
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terry swanson247 :
I'm 55 and Birthday is in October can I use rule 55
2026-06-24 01:31:43
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