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Originally Posted by CompoundInterestFan
... If I'm not mistaken, you can withdraw the principal from your Roth tax-free (since you've already paid taxes on it) and penalty-free (since it's only the principal). I know it's not ideal, but it will allow me to be contributing to my Roth rather than waiting until I have the full 6 months EF. Then, when savings aren't as tight as they are now, I'll start putting more into the EF.
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I think a lot depends on your age !
If your over 59.5, then you don't need an EF at all, because you can just take it from the Roth directly.
Under 59.5, then your strategy sounds feasible, but a lot depends on how disciplined you are ! Some would say, with you logic, you would never fund an EF. That might not be too bad if you really are religiously maxing out your Roth.
A couple of other thing, I think an EF should be more like 12 months and after all reasonable insurances include life (if you have dependents) and long term care.
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