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The Water Cooler
General Discussion
Thoughts on 'the market' and retirement fund, election, etc.?
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<blockquote data-quote="CHenry" data-source="post: 3401324" data-attributes="member: 6281"><p>I agree wiht this and the math usually says NO. Leave the 401k alone, you'll still get hit with your tax rate of 20% or whatever it is and the compund interests growth suffers while you pay it back. And most are not disciplined enough to return the money quick. You'll end up a smaller retirement and a new motorhome debt.</p></blockquote><p></p>
[QUOTE="CHenry, post: 3401324, member: 6281"] I agree wiht this and the math usually says NO. Leave the 401k alone, you'll still get hit with your tax rate of 20% or whatever it is and the compund interests growth suffers while you pay it back. And most are not disciplined enough to return the money quick. You'll end up a smaller retirement and a new motorhome debt. [/QUOTE]
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The Water Cooler
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Thoughts on 'the market' and retirement fund, election, etc.?
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