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[Week 12] Ask Me Anything: When Can I Get Income From My MPI® Account? Can I Retire Early?
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Welcome back to Ask me Anything!
Today’s question comes from Kari in Florida.
When Can I Get Income From My MPI® Account? Can I Retire Early?
One of the best features of MPI® is flexibility. MPI® has no age restrictions for retirement income or any distribution of your cash value, making it one of the only plans that provides retirement on YOUR terms, whether that’s early or later. Retirement day is the day you decide and has nothing to do with an arbitrary age or formula imposed by the government.
There are no penalties to access your cash value. This is quite unlike a §401(k), IRA, and many pensions, which could have restrictions, limitations, and penalties to access retirement funds before age 59 ½ or other age restriction, adding penalties to any distribution taken.
Not only does MPI® have zero strings attached to accessing YOUR money, it is also a tax-free distribution. These benefits are a substantial aspect of the MPI® plan because by having access to your cash value penalty free, the RELOC™ feature is available to accelerate your Compound Interest growth and increase your tax-free retirement income exponentially. Put it all together through MPI® and RETIREMENT FREEDOM is your reward.
Have a great week and if you'd like me to answer any questions, please email me at [email protected]
Don't end up poor!
Always Be Compounding™!
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