If you try to withdraw early from just about any retirement plan, you'll be slapped with a penalty—an incentive to leave your money alone and let it build toward retirement like you always intended.

Nearly one in five U.S. adults say they want to retire before the age of 55, according to the data analytics company YouGov. ...

The rule of 55 allows penalty-free 401(k) withdrawals only from your current employer’s plan after separation. Funds in old 401(k) accounts from previous employers remain subject to the 10% early ...

Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. Many investors gain penalty-free access to retirement accounts at age 59½ ...

For the entirety of your career, you've heard the so-called rules of retirement. Save a certain percentage, retire at a specific age, and follow a regimented withdrawal plan. However, financial ...

A 54-year-old with $4M in a 401(k) has eight times the average balance for people in their 50s. The rule of 55 allows penalty-free 401(k) withdrawals if you leave your job in the year you turn 55 or ...