[jhein]

Originally Posted by GTOLiam

Did you check to see if the 'rule of 55' applies to your 401k - my company allows this exception on mine. Can't use funds in Roth or other until 59 1/2 though without penalty.

"The Rule of 55 allows you to withdraw funds from your 401(k) or 403(b) without incurring the 10% early withdrawal penalty if you leave your job in or after the year you turn 55. However, you will still need to pay regular income taxes on the amount withdrawn"

OK, well no "rule of 55" for my plan. That's OK though. Right now we're only working 2 days a week so we can keep up that rigorous pace indefinitely.

So if we work another 4 years, we'll have enough money so that we'll be earning much more in interest than we need to maintain our current standard of living and accounting for inflation.