DON’T DO IT. $100,000? Insane. You’ll regret it.
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I tend to agree but its not really that clear cut. There could be extenuating circumstances. For example, some people might want to use the money to pay off mortgage debt and other financial obligations, especially if in or nearing retirement.
A person would be best advised to chat with a reputable advisor before making any decisions. But be very careful who you consult with.
A person would be best advised to chat with a reputable advisor before making any decisions. But be very careful who you consult with.
Totally agree.
I would pay my mortage off in an instant if I could withdraw money without getting taxed on it.....win win for us....
Getting your retirement funds redirected into real estate will still earn you money longterm.