mstrlucky74
Dryer sheet wannabe
My wife has 125k and I have 500k in 401k. We have about 30k liquid. No kids. We have 280k left on our mortgage and house is worth about 320k. It's a legal two family so renting it out is always and option. No debt except two leased cars that are due to be up within the year.
When leave workforce I will be able to consult partime from home and make about 40k year.
Think we could leave workforce in next 5 years with what we have saved. But don't you get penalized touching 401k kidney? So we couldn't withdraw from that in our 40's or 50's?
My wife is 40. Thanks
When leave workforce I will be able to consult partime from home and make about 40k year.
Think we could leave workforce in next 5 years with what we have saved. But don't you get penalized touching 401k kidney? So we couldn't withdraw from that in our 40's or 50's?
My wife is 40. Thanks