LOOOL WHAT MILLENIAL HAS A 401(K)?!?!!!
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Millennials? I have seen Boomers making this catastrophic decision.
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Um. This is nothing new.
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We ALL made “risky” decisions. Yes, buying a house is a risk. It’s life. Live it.
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This song was played 10 years ago during the bubble. I have to assume the balloon is being reinflated. Heard “$29 gets a car off the lot if you have a job” ad yesterday. So, not suprised folks are making poor(er) choices.
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If the market tanks you still have a place to live. Try sheltering with your deflated 401k
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Not this one! I’m on the way to paying off my first home and growing a healthy retirement plan. All while raising two kids (hopefully 3 soon) - 2/3 of us are kicking tail!
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Hell, and No!
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No never.
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My house is my 401k
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NOOOOOO!!!!’nn
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Why not? If u think tomorrow is better, using ira is a rational decision.
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It can be a smart move. Get on the ownership ladder using 401k funds which allow borrowing for a home purchase. They have plenty of time to pay back the loan without affecting their 401k balance
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