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This shouldn't matter at all, since there are huge penalties associated with taking money out of your retirement funds before you're 59 and a half years old. I
by enraged_camel 7y ago
This shouldn't matter at all, since there are huge penalties associated with taking money out of your retirement funds before you're 59 and a half years old.
If your job is not secure, you should account for that by increasing your emergency funds (typically a savings or money market account).
- T-hawk 7y agoThere's not always penalties. Look up what's called the Section 72(t) distribution. This is a "retire early" option, where you can start taking a monthly distribution at any age, without penalty (income tax still applies), as long as you maintain that distribution for the longer of five years or until age 59.5.