Eric Cooper
Early retiree at age 47 who shares his strategy of using the 72(t) rule to access retirement funds penalty-free.
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7 snips
Sep 3, 2024 • 47min
560: Dude ACTUALLY Withdraws From His 401(k) and Retires at 47
Eric Cooper, an early retiree who exited the workforce at just 47, shares his journey to financial freedom by utilizing the 72(t) rule. He reveals how this strategy allows him to withdraw $30K annually from his 401(k) without penalties. Eric discusses the intricacies of this rule, his sizable real estate portfolio, and significant tax benefits he enjoys. He emphasizes that early retirement is achievable for many and encourages listeners to explore smart investment choices and disciplined savings to unlock their retirement dreams.
5 snips
Mar 8, 2024 • 45min
Secret IRS Rule 72(t)! | Eric Cooper Shares Early Withdrawal Hack!
Eric Cooper, a financial strategist passionate about early retirement, joins David Baughier for an engaging chat about the IRS Rule 72(t) strategy. They dive into how this rule allows penalty-free early withdrawals from retirement accounts, providing savvy tips for travelers and adventurers. The conversation is sprinkled with humorous anecdotes from recent trips and insights on transitioning from a scarcity mindset to financial freedom. Expect laughter and practical wisdom on embracing retirement dreams!
