FinancialRetirement
#RI-6aec8e4a·about 2 months ago·
1
“Cash out old 401k to pay off debts”
What Actually Happened
Paid off debts, freed up income for savings
What I wish I knew
"Considered alternative debt repayment options"
Advice to Someone Facing This Now
If I could tell you one thing
"Prioritize retirement savings over debt repayment"
Regret Index
4/10
Significant downsides.
Complicated feelings about the outcome.
Complicated feelings about the outcome.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
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Financial Category
337
Financial decisions logged. Avg regret 5.8/10 across the category.
Same Outcome Band
13%
of Financial decisions land in the mixed band the same as this one.
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