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re: Using your 401k to buy a house
Posted on 12/27/13 at 8:26 pm to guttata
Posted on 12/27/13 at 8:26 pm to guttata
I guess I am looking at paying off the house as quickly as I can and then start saving up again for retirement. Is this the wrong way to think ? I just see that the home is the biggest expense in your life. And also I would think that that 40k would help reduce a lot of compounding interest along the way ton paying off your loan.
This post was edited on 12/27/13 at 8:29 pm
2
Posted on 12/27/13 at 10:22 pm to camweb68
Don't do it. Please don't.
Posted on 12/28/13 at 7:28 am to camweb68
Awful idea.
It would cost you a ton.
It would cost you a ton.
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