...get out from under...my debt
Seems a good idea to me. The 401(k) accounts are (one would hope) earning you money, but the debt is costing you money.
Get clear of the debt, including taxes, then re-evaluate before retiring.
Off-topic discussion. Wanna talk about corsets, duct tape, butt kicking, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
...get out from under...my debt
Seems a good idea to me. The 401(k) accounts are (one would hope) earning you money, but the debt is costing you money.
Get clear of the debt, including taxes, then re-evaluate before retiring.
Right? It's super rational and yet I feel like I am getting away with something reckless and daring
I feel like taking the advice of whatever bank (I think) it was that Marketplace quoted as saying now is a good time to take profits and withdrawing a large-ish chunk to get out from under most of my debt would be justifiable.
Agree completely. In particular, the possibility of the orange menace doing something to crash the markets makes paying off debt much more desirable than betting on the markets.
And, what dcp said.
Good point, Laura. I am bewildered by how much the untouched account has grown, I feel like it's very likely I'm invested in a bunch of stuff I would prefer not to be but actually digging into the funds and whatnot is way more than I am willing to do
That sounds like a good plan. I remember seeing the numbers once about how much more you would have putting in money young and letting it sit there. TCG went back to school later in life and therefore started his career later in life and is always trying to catch up on his contributions.
Happy Birthday, Cass!
Yeah I saw that basically were all about to have Elon in our stupid 401ks like it or not and I have no idea how I would divest from that and still be in an appropriate setup (currently in the “retiring in (year)” thing that’s available) because I 100% believe that shit will crash and probably soonish?
Happy birthday, Cass!
I just got home from Mahjong with the girls and am feeling like a champion! We did two games and I won both! Pure luck and a lot of jokers on the 2nd one. But wow, that never happens.
Summer is nigh. The lightning bugs are out tonight.