Summary
(This article originally was published in The Daily Record, Baltimore, MD, another Dolan Media publication.)
Most people stopped celebrating half birthdays when they were children. But this year baby boomers turning 59 1/2 have a reason to celebrate. July 1, 2005, marked the day the first baby boomers have access to their IRAs, some 401(k) plans and other retirement accounts money without incurring early withdrawal fees.See the full content of this document
Extract
Commentary: Boomers Gaining Access to Iras
Although boomers have access to this money, it should not be a time for a spending spree. They should revisit their financial goals and consider some of the potential risks they face in retirement including:
Outliving asset...See the full content of this document
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