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SVTPerformance's Chain of Restaurants
Road Side Pub
401k Question
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<blockquote data-quote="Willie2" data-source="post: 16463650" data-attributes="member: 74687"><p>*I'm not a financial professional so don't listen to what I say* Some of my thoughts:</p><p></p><p>*Taking it out and converting to something else will cost you the 10% early withdrawl penalty unless she is over 65</p><p>*Her 401k program should have many investment avenues to choose from within it. choosing a safer choice might help</p><p>*I'm willing to bet she, like me, took a big loss when all this started but is now back whole. invest for the long term</p><p>*If she is near retirement age her blend of investments should be on the more conservative side anyways</p></blockquote><p></p>
[QUOTE="Willie2, post: 16463650, member: 74687"] *I'm not a financial professional so don't listen to what I say* Some of my thoughts: *Taking it out and converting to something else will cost you the 10% early withdrawl penalty unless she is over 65 *Her 401k program should have many investment avenues to choose from within it. choosing a safer choice might help *I'm willing to bet she, like me, took a big loss when all this started but is now back whole. invest for the long term *If she is near retirement age her blend of investments should be on the more conservative side anyways [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
401k Question
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