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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="Glock 40" data-source="post: 3401345" data-attributes="member: 32"><p>Leave it alone and don't look at. Come back in 15 years and be glad you didn't mess with it. Debt sucks but I don't see paying off business debt that you have spoke about may collapse due to lack of business? If its gonna fail let the bank eat it. Find a financial advisor that can help you protect your retirement. As for paying off a mortgage how many years do you have left? I know things are tight now but when things improve throwing an extra 2-300 a month on principle will pay that thing off a lot sooner. If you really want to get out of debt start selling toys and eating ramen and give up drinking. Much better choices to pay down debt than getting into your retirement. Unless.... You say screw it and take it all out pay the 30% taxes and penalties and be debt free. Otherwise don't do a half measure. Leave the retirement alone.</p></blockquote><p></p>
[QUOTE="Glock 40, post: 3401345, member: 32"] Leave it alone and don't look at. Come back in 15 years and be glad you didn't mess with it. Debt sucks but I don't see paying off business debt that you have spoke about may collapse due to lack of business? If its gonna fail let the bank eat it. Find a financial advisor that can help you protect your retirement. As for paying off a mortgage how many years do you have left? I know things are tight now but when things improve throwing an extra 2-300 a month on principle will pay that thing off a lot sooner. If you really want to get out of debt start selling toys and eating ramen and give up drinking. Much better choices to pay down debt than getting into your retirement. Unless.... You say screw it and take it all out pay the 30% taxes and penalties and be debt free. Otherwise don't do a half measure. Leave the retirement alone. [/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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