Re: A Roth IRA won\'t work...
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....if this guy wants to retire at 40, at least not without severe penalties. You have to be 59, or have had the money in it for five years (if you invested at age 57,58,etc...) to get it out penalty and tax free.
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you can take money out without penalties after just 5 years as long as it goes towards the purchase of your own home. but otherwise you'll have to wait some more years to reep the full benefit or pay the penalties.
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