Originally Posted by ah-kay

You all miss the FINANCIAL implication as seen by SRJ.

SRJ is 59.5 years old. That means he can take distribution from IRA, 401K or any Retirement Plan penalty FREE. The penalty for taking distribution before that is 10%. The penalty is only $5K if one takes out $50K per year so it should be no big deal for SRJ since he is so loaded.

There are ways to take distribution WITHOUT penalty. Google it.