Originally Posted by dian_love
I a newbie but I have read these boards non stop for days on end getting information and doing calculations. I am 30 and my husband is 32. We are on plan to retire at 55 and 57 respectively.
The one thing I have not quite figured out from reading the boards is how are the early retired folks accessing their retirement funds before 59 1/2 without the hefty penalties.
Others can say more about the tax rules about accessing retirement money early.
I just want to say some of us, like me, are using taxable savings to retire early. I'm letting tax deferred and tax free retirement money grow (hopefully) to access much later. Since you're planning so far ahead, you may find it easy to save the money you need for the few years (55 to 59) before retirement funds become available.