Why early retirement with a 401(k) balance is riskier than it seems
Early retirees face four risks beyond the 10% penalty: the sequence of return risk during a market downturn, the seven-year gap in health care coverage before Medicare qualifies at 65 and ACA premiums rising by 18-20%, exposure to late penalty and SEPP if premiums are changed, and mental age especially to have a large first … Read more