In short, if you are concerned about the penalties imposed by retirement accounts on early withdrawals, forgo the benefits of these accounts and put
your retirement money elsewhere where there is no penalty for instant access.
If you don't have the time to deal with RE and other non-passive investments, is there any reason to put true
retirement money elsewhere?
Not exact matches
Keep in mind, some of these states will get their
money elsewhere — like sales or property taxes — but when you're a retiree, it's good to know how much of your
retirement fund or pension you'll actually get.
Keep in mind, some of these states will get their
money elsewhere — like sales or property taxes — but when you're a retiree, it's good to know how much of your
retirement fund or pension you'll actually get.
The additional
money that you direct towards paying off your mortgage early is
money that could be invested
elsewhere (like saving for
retirement).
Another myth that could affect your
retirement years is believing that Social Security should be enough
money to survive on, especially if you haven't invested or saved any
money elsewhere.