Self Directed IRA or Liquidate IRA

[Les Jean-Pierre]

Hi, I have saved enough in my retirement accounts(I have rollover IRA's from old jobs) where if I wanted buy a property in a self directed IRA I could. However, I kind of don't want to wait till retirement age to reap the fruits of my labor. What would most people do? Invest in the SDIRA or cash out the IRA and use the proceeds to invest? I am a new member and aim to be a buy and hold investor. I live in the NYC area but if I invested here, would have to go with lower end properties. Thanks

[Ned Carey]

I would not give up the tax benefits of the IRA. In addition to paying penalties, You will not be able to get the past tax benefits back. They are gone forever.

You don't build long term net worth buy taking such strong negative hits like that.