Reply to thread

Message: [QUOTE="Lafayette, post: 5282937, member: 14008"] Depends on what you mean "retire". 1. Medical - Medicare starts at 65 2. Government - Social Security starts at 62 - I advise 67. 3. IRA - RMDs are supposed to be at age 73. 4. Roth IRA - taxable until 59 1/2 but if you have an IRA you can do a Roth conversion ladder and after 5 years - you can withdraw from the Roth. 5. Rule of 55 - that is for 401k or 403b accounts (403 being non profit version of 401) Hopefully you have enough soft funds to keep you going until those ages, especially if you are bartending or have similar income. Good luck I am a Tax Professional licensed by the IRS. [/QUOTE]