re: Pulling out of your 401k early.

quote:

---

So at a minimum he would have to take a 35% drop in value (10% penalty +25% tax bracket) for his scenario to play out best.

---

All you really need to tell him is this. If he still wants to do it then I would watch out for this guy. I definitely would not let him watch my kids, or go hunting with him, or probably even ride in a car he's driving.