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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (14317)	1/6/2000 12:26:00 PM
From: Fargonaut	Read Replies (1) \| Respond to of 54805

Thread: OTOT Withdraw from IRA early, no penalty. 1999 was a good year for me (because of my membership in SI). I have elected to retire early by taking Substantially Equal Periodic Payments from my Traditional IRA. I mention this because some here may have overlooked this option and could benefit from it. This probably works best for someone about 50 or older, with an IRA getting into 7 figures. Example: 1 mil, 53 yrs, up to approx $87,000 per year. Different methods, interest rates, and life expectancies make this vary widely. See The Retire Early Home Page, geocities.com Thanks for a 'tough' thread. Frank