457 plans generally allow penalty free withdrawals as soon as you leave the job. that's the big advantage over the 403b.
Remember, you can contribute to both a 457 and a 403b, it's not an either or thing.
“So we beat on, boats against the current, borne back ceaselessly into the past.”
Current AA: 75% Equity Funds / 15% Bonds / 5% Stable Value /2% Cash / 3% TIAA Traditional
Retired Mar 2014 at age 52, target WR: 0.0%,
Income from pension and rent