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re: Taking contributions out of Roth IRA to buy land (updated 5/28/24 - not Roth)

Posted on 2/1/24 at 9:43 pm to
Posted by Billy Blanks
Member since Dec 2021
3815 posts
Posted on 2/1/24 at 9:43 pm to
quote:

While I agree, I don't have 30 years left. Family history suggested maybe 15.



I can't think of a worse way to spend 18-24 months of my life than to do a custom home build, especially if it was likely I only had 15 left.

Absolute puke experience.

Builds can cause divorces. Are you married?
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119580 posts
Posted on 2/2/24 at 4:08 am to
quote:

Builds can cause divorces. Are you married?


Building is a terrible overall experience. We have done it twice in our marriage, 2000 and 2020. It's a very difficult experience on my wife praticularly.

We can't find an existing home we want. The builder who build our current home lives across the street and would likely build out new one.

I really don't want to build, but am not finding anything remotely like what we would want.
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