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re: IRA withdrawal for home purchase

Posted on 2/17/13 at 10:27 am to
Posted by tigerzballzdeep
Rockwall, TX
Member since Jun 2007
3095 posts
Posted on 2/17/13 at 10:27 am to
Honestly I'm really not concerned about 10k out of my or my wife's IRA at this point. It would represent less than 8% of my current holdings and I'm okay with that.

We also both have our 401k accounts with our current employers that are adding to our retirement accounts.

Frankly, I'm in a better position to take it from the IRAs than to fund it with liquid cash.
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 2/18/13 at 1:05 am to
I would consider pulling a loan from the 401k before the 10k from the IRA IMO

Less of an opportunity cost hit.
This post was edited on 2/18/13 at 1:06 am
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