10/28/2026
When most people start saving for retirement, it is done under the impression that they are putting the money away for the long term and a lot of it will be lost to taxes and penalties if they try to access it early. Many don’t know when that “long term” period ends, and the funds can be accessed.
As retirement approaches, the last half birthday of your 50’s has some significance because it is the end of the said period. Who celebrates half birthdays though?
We’ll save that for another article. This one will provide some clarity and insight on what you need to be thinking about regarding your retirement assets 6 months before you turn 60.
When most people start saving for retirement, it is done under the impression that they are putting the money away for the long term and a lot of it will be lost to taxes and penalties if they try to access it early. Many don’t know when that “long term” period ends, and the funds can be acces...