Has Anyone Cashed Out Their 401(k)?

[Marbles]

My comment wasn’t about logic or arguments. I simply asked what you were trying to say with your math in the context of you mentioning a mortgage.

Only that it is not as terrible as taking out a loan at 30-40%.

As you demonstrate, still not as good as leaving it alone.

The 30 year mortgage was simply as an extreme example to demonstrate the difference between a one time fee vs an interest rate.

 

[One300wsm]

Interesting video

 

[Davyalabama]

No, I keep putting as much as allowed into it!!!!!! I max out IRA's too. I don't have a mortgage on anything, houses nor condos. I pay cash for vehicles. I pay cash for any vacations. I'm not into debt, period.