jetpack
Recycles dryer sheets
- Joined
- Aug 2, 2013
- Messages
- 437
I was reading this:
Can You Save Too Much Money? Edelman Financial
The guy is really asking if he can save too much money in pretax accounts. The answer was a resounding NO... However, it stuck me that it could be a
wrong answer for early retirees. What do you do if all your money is in pretax accounts, and you're say retired at 45? Wouldn't you be penalized more if you have to withdraw early than if you hadn't put it all away?
Can You Save Too Much Money? Edelman Financial
The guy is really asking if he can save too much money in pretax accounts. The answer was a resounding NO... However, it stuck me that it could be a
wrong answer for early retirees. What do you do if all your money is in pretax accounts, and you're say retired at 45? Wouldn't you be penalized more if you have to withdraw early than if you hadn't put it all away?