Early retirement sounds like a dream, but if you don’t handle your finances perfectly, that dream could be stripped from you. Millions of older workers find that certain banking and retirement account rules make early retirement far more difficult than expected. Some of these rules involve taxes, withdrawal penalties, income limits, and account restrictions that quietly chip away at retirement savings over time. You need to know how these policies work so that you’re not caught off guard. Here’s what you need to know so that you can be prepared.
