VIDEO: Rule of 55 Explained

by Leah Woodly

Are you 55 or older and thinking about accessing your retirement savings early? The Rule of 55 might be the solution you need! In this video, I break down what the Rule of 55 is, how it works, and who can benefit. Learn how you can withdraw from your 401(k) or 403(b) penalty-free, along with the important considerations you should keep in mind. Don’t forget to like, subscribe, and share this video with anyone who might find it helpful!

This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.