Thanks for the info. I am retiring at the end of the year….at age 63.
I can’t change covid mandates, but I can change how I go about in the world.
Bookmarked for later reading.
https://www.forbes.com/advisor/retirement/rule-of-55-retirement/
The rule of 55 is an IRS guideline that allows you to avoid paying the 10% early withdrawal penalty on 401(k) and 403(b) retirement accounts if you leave your job during or after the calendar year you turn 55.
I retired last year. Once I made the decision, I gave myself a timeline and used it as a firm date to have all my bills paid off. My home was already paid for but I had just bought a new truck so my main efforts went into that, but I also cancelled services I didn't need like cable and subscriptions. I figure I'm saving a lot just in gas and wear on my vehicle as well as new clothes, hair styles, make up etc etc. A little planning really helps.