laurinsane
Dryer sheet aficionado
- Joined
- Jan 17, 2008
- Messages
- 37
So if one is planning on retiring early when should they stop paying into 401k. It is my understanding that you can't take from 401 until your 65 without taking a large tax hit. So if one were planning on retiring at age 50. That's 15 years before you can touch your 401k. So would you suggest slowly declining 401k contribution in the last 5 years and allocating the money into other funds, such as bonds and stock indexes, which you can access more easily? Thanks.