2021 hit and that is when I became financially free and was able to retire from teaching at 55 yrs old.

Northern NJ is not the best place for retirement but it is a great place to raise a family due to the great schools and for those needing easy access to NYC.

If I had started moving 10 years ago I would be retired too now (. 

Today, that building generates enough passive income to cover his annual retirement contributions.You mentioned taking the 10% penalty, which I’d only recommend as a last resort.

@Kyle Atans  or PHX when building stopped dead cold and they deported half the construction workers who happened to be 80% of the tenant base.. same with central CA building stopped  no deportation though :)I just bought in Vegas for semi retirement and tax purposes I kind of like were it sits now.. but no question your timing of that market was impeccable.. !!! 

I am 68 yrs old (semi-retired).  

The rent plus his retirement will actually produce positive cash flow.

I'm from Leesburg, an active-duty Air Force member, too (retiring soon).

We love North Carolina but we're 20 years from the retirement dream. 

Rates are set based on the amount of non-retirement assets you have with Schwab.