Logistically speaking, how would one retire early without getting hit with withdrawal penalties?
As far as I know, most tax-incentivised retirement accounts slap you with penalties for making withdrawals before retirement age.
Let's assume that I am 40 years old and have enough money in my 401k and Roth IRA to retire. I want to retire and live off of the growth of these funds. How would I make withdrawals from these accounts without incurring penalties?
I've seen plenty of guides on early retirement (FIRE), but I can't find material on actually retiring early.