retirement planning401k withdrawal
#RI-69a90c3d·2 months ago·
1
“Considering 401k withdrawal for new house”
What Actually Happened
We'll use 401k money to build a new house before selling our current one
What I wish I knew
"Taxes and compounding costs are higher than expected"
Advice to Someone Facing This Now
If I could tell you one thing
"Consider alternative uses for 401k funds, like investing or paying off debt"
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
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retirement planning Category
6
retirement planning decisions logged. Avg regret 3.7/10 across the category.
Same Outcome Band
17%
of retirement planning decisions land in the severe band the same as this one.
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