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Updated almost 8 years ago on . Most recent reply

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Scott Strickland
  • Boiling Springs, SC
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5
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Pulling from 401 to invest

Scott Strickland
  • Boiling Springs, SC
Posted

At the moment this is theoretical but I'm sure I'm not the only newbie pondering this idea.

I could potentially have 60k in cash if I did an early withdrawal from my 401.

I'm in process of leaving my current company and moving so I was pondering the idea of cashing out and using that money to kick start real estate investing. Flip, short term rental (mountain vacation rental) etc.

I'm seeking some experienced input to this topic/question - Any input is welcomed

Thanks a lot.........

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