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User ID: 1231023 United States 02/24/2012 12:44 AM Report Abusive Post Report Copyright Violation | Okay, never posted a thread here, but thought of an interesting scenario. Let's say you are 40 in the world's situation. You have 100k in your 401k. Do you cash out, despite the penalties? With the withdrawal, you can clear all debt, and....you can have money left over to buy any type of supplies that you want. Do you do it?
Do you actually believe we are close enough to cash out your retirement to set yourself up for freedom from about anything, or do you truly believe, 25 years from now, the savings will be worth it?
I made my decision already. Just curious as to the true points of view here. |
aBiNoRmAl
User ID: 6853650 United States 02/24/2012 12:53 AM Report Abusive Post Report Copyright Violation | 25 years from now, there will be no money there for you to cash out..money in the hand, wisely used and saved is better than someone, somewhere that could disappear any moment, in control of your money..Cash out and use wisely and you will be far better off..guaranteed! |
aBiNoRmAl
User ID: 6853650 United States 02/24/2012 12:55 AM Report Abusive Post Report Copyright Violation | Heck, use it to buy some land..that is an investment..that is gold!!! |
aBiNoRmAl
User ID: 6853650 United States 02/24/2012 12:58 AM Report Abusive Post Report Copyright Violation |
Heck, use it to buy some land..that is an investment..that is gold!!!
Quoting: aBiNoRmAl and I am not the one that 1 starred you.. |