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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.
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I think this is the criterion that'll help distinguish between a true emergency and a mere temporary inconvenience.
Under that circumstance it beats the heck outta using credit cards or a HELOC.
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