I know all the reasons why I shouldn't cash it out, but I would rather pay the taxes and penalty upfront and be out of debt if the economy is going to get worse. I'm in a position to be able to do this, since I'll be quitting my "now" part time employment. My spouse's employment security is questionable, and I'd like to be debt free.
Besides, how much is this 401K going to be worth in six months?
Thanks.
Now is your turn to tell me I'm nuts.
Besides, how much is this 401K going to be worth in six months?
Thanks.
Now is your turn to tell me I'm nuts.