Chapter11
Retiring Early
In This Chapter
• Taking income from retirement accounts and escaping the early-retirement penalty
• Managing asset allocation so you don’t run out of money
• Picking an income option from your pension
• Planning for medical care in retirement using your IRA
 
It’s a happy day when you do all the calculations and realize you can afford to retire early. Retiring completely to a life off the payroll or transitioning to a less-stressful, lower-paying job can be exciting.
However, planning to spend more years in retirement, supported by your nest egg, does take a little more planning. You need to take extra care to avoid costly mistakes and challenges that might drain your account faster than expected. So let’s take a look at ways to continue to protect your nest egg against things like penalties, taxes, and medical care.
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