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Round Table | Paying the Penalty with My IRA

The Wealth Without Wall Street Podcast

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Is the Early Withdrawal Penalty Worth It?

Financial freedom is defined as passive income exceeding monthly expensesut your ira cannot produce passive income. I won't t talk about what options. Do a half right? Or is my is the penalty worth it? And this is where this pikeise actually originated, me working it out with a friend of mine. He says, i've got all o my non qualified money out of wall street. How's a man. That's amazing. Good for you. What about your qualified money? Right? And he sends me back, you know, a lob over the fence here, says, well, wel, i don't want to pay a penalty on that.

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