Retirement Without a Safety Net As millions approach their latest milestone birthday, concerns about post work financial security are increasingly top of mind.
For those nearing retirement age, the hard won 401(k) savings accumulated over decades may be insufficient to sustain the lifestyle they've grown accustomed to.
The oft misunderstood "Rule of 55" – a tax exception that waives penalties for early withdrawal from employer sponsored plans – has become a focal point in discussions around retirement planning.