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Strategies for Early Retirement and Minimizing Penalties
This chapter discusses various strategies for spending retirement money before the age of 59 and a half and minimizing penalties. It explores options such as taxable accounts, 457 plans, exceptions to the age rule, 72T exception, health savings accounts, and a tax-efficient approach to spending. The chapter also touches on tapping into different assets during retirement, the importance of estate planning, and adjusting spending based on individual circumstances.