u/Gullible_Choice_1255

▲ 36 r/Fire

I was wondering how I could access my 401k if I retired at 50. I knew about the rule of 55 so I was going to retire at 50 and then at 54 or 55 pick up a job for a year and slam all my IRA savings into it. I still might do that but a 72c withdraw of my IRA seems nice!

I’m 42 with 142k in a brokerage, 160k in a IRA, and 146 in my Roth IRA. I own my house outright (250k) and have no debt with a yearly spend of 60k. I make a 100k and max out all my retirement accounts. I own 18 acres of farmland worth 100k (dead parent) and expect another 200k in 10 to 20 years from my other parent (adjusted for inflation). I’m looking at retirement at 50- fingers crossed!

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u/Gullible_Choice_1255 — 17 days ago