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re: Pulling out of your 401k early.
Posted on 4/29/16 at 6:13 pm to Abikaasa_Posti_Teel
Posted on 4/29/16 at 6:13 pm to Abikaasa_Posti_Teel
I'm sure he has his reasons but I think it's crazy. His dad sold out when the market crashed and the lesson he learned is to sell out when he thinks the market is going down? Tell him to ride the waves... especially since he's so young
1
Posted on 4/29/16 at 6:25 pm to mydadpulledout
This was exactly my thoughts! If you are young (I am only 2 years younger than him) , then just wait it out. His dad was very close to retirement age, and had to work a lot longer to make it up. I know that's in the back of his mind, but I didn't bring it up as I said.
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