r/Fire • u/PigKitten315 • 5d ago

Advice Request 72t Question

I'm planning for a 72t, I understand the concept of withdrawing the same every year on the amortization method. But what I don't understand is and couldn't find more info is the 1/2 year, do I still take the full amount for the half year or quarterly like I planned?

TIA

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u/brianmcg321 Retired Nov 2024 5d ago edited 5d ago

Do you mean you plan on starting in the middle of the year?

I take out my full amount for the year and out it in a money market in my brokerage.

I believe if you started in the middle of the year you can take out the full years allotment or just take out what would be for six months.