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Message: <blockquote data-quote="Geezer" data-source="post: 1126805" data-attributes="member: 436"><p>Fred, you can start withdrawing from your 401K as soon as you retire without penalty, regardless of age. I know this because I retired at 57. The extra few years will help your 401K grow a bit more, and you will be closer to Social Security eligibility, so there is reason to wait. It depends on whether or not you are really ready to do it, both financially and psychologically. I originally planned to retire at age 52, but I found myself short on funds due to major changes in the company pension plan and I enjoyed my job so I wasn't ready at that time.</p></blockquote><p></p>