My Reaction to How to Retire Early (Book)

Recently, a reader pointed me to How To Retire Early: Your Guide to Getting Rich Slowly and Retiring on Less by Robert and Robin Charlton. She mentioned this book is an example of the type of information that can be helpful to readers as they pursue and achieve financial goals.

According to the book and its charts, the authors accumulated over $900,000 (on a relatively modest combined income of less than $100,000 per year for most of their investing years), retired early at age 43, and began traveling the world. You can see where they’ve been at Where We Be and learn about their investing, frugal living, and retirement journeys.

Rule of 55 for 401(k) Withdrawal

I had never heard of the Rule of 55 until a couple of months ago when a Certified Financial Planner (Jim Blankenship, CFP) mentioned the possibility in a discussion forum I frequent. I’m not an expert on this rule (or any IRS rule) but here’s what I’ve learned about this penalty-free method of taking a 401(k) withdrawal.

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