Quote:
Originally Posted by noppenbd
The way I read it, Staceyy was saying that she would use part of the 401k to pay off the house and buy a used car AFTER her DH retires. In that case the argument isn't a clearcut. I agree that this shouldn't be done before retirement because of the penalties.
|
Staceyy, I'm sorry if I miss understood. If you meant that IN RETIREMENT you would be using money from the 401k to pay off the house and buy a car, that's totally different. I thought you meant you were cashing out now.
__________________
Steve
Join the 2009 Ebay Challenge!
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.