Godlike Productions - Discussion Forum
Users Online Now: 2,085 (Who's On?)Visitors Today: 1,072,674
Pageviews Today: 1,934,046Threads Today: 845Posts Today: 14,858
09:51 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

401k

 
spoof
Offer Upgrade

User ID: 1231023
United States
02/24/2012 12:44 AM
Report Abusive Post
Report Copyright Violation
401k
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
Re: 401k
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
Re: 401k
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
Re: 401k
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..





GLP