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Re: Using your Roth as part of your emergency fund--good idea?
Old 05-15-2007, 05:57 PM   #4
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Join Date: Jan 2007
Posts: 221
Quote:
Originally Posted by SecondCor521
One drawback to consider is that if you do have an emergency and do withdraw principal from the Roth, the funds you withdraw cannot be replaced, and all future tax-free compounding of those funds within the Roth will have been lost forever.
True, true. That's the risky part. Keep in mind I'm thinking of this as a temporary solution until I'm able to contribute more to the EF without starving the Roth.
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