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MissB

(15,806 posts)

1. Still considering a 401k withdrawal apparently

Reply to IronLionZion (Original post)

Wed Sep 2, 2020, 01:40 PM

Sep 2020

Spouse wants to pull some out. Meets the minimum age requirement. He wants to pull out the gains since March.

The remaining is enough to retire on at the end of the year if he wanted to (isn’t quite ready to).

I’m calculating the taxes before he does it. I get it- he wants to pay off the mortgage and have more cash on hand each month.

Sigh.

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Highlight:

The stock market thinks Joe Biden is going to beat Donald Trump [View all] IronLionZion Sep 2020 OP

Still considering a 401k withdrawal apparently MissB Sep 2020 #1

Markets are propped up by trillions in stimulus right now IronLionZion Sep 2020 #2

That's part of his argument for taking it now MissB Sep 2020 #3

That's extremely bad news for the orange orangutan ass! dubyadiprecession Sep 2020 #4

Betting markets are close to 50-50 Johnny2X2X Sep 2020 #5