Using Retirement Money to Pay Off the Mortgage - ABC News
Aug 11, 2009 . For many folks, the urge to pay off a mortgage seems to strike when the . it be wiser to use a portion of her 401(k) to pay off our $100000 mortgage balance . Even though your wife is old enough to avoid the 10 percent early .
Should You Pay Off Your Mortgage Or Invest In Your 401(K)? | Yes, I ...
Mar 30, 2011 . People wrestle with paying off their mortgage or investing. Here is a simple . I am fortunate to max out my 403B (401K) IRA and Roth IRA. I have a 15 year . to coincide. If I weren't retiring, I would not pay it off early. Reply .
payoff mortgage early using 401k ira
Pay Off Your Mortgage With 401(k) Funds?
Oct 28, 2011 . Earlier this week, I ran across an article about a new piece of . Pay Off Your Mortgage With 401(k) Funds? . Roll Over IRA Into 401(k)?
Payoff Your Mortgage, Invest, or Downsize? - Michigan Retirement
Forgoing those earnings by using that $100000 to pay off the mortgage early . income liable to tax, whether it's from a public or private pension, 401(k) or IRA.
Should you pay off your mortgage early?- MSN Money
May 19, 2011 . We want to use our money in a way that produces the highest return with the lowest risk. . Before even thinking about paying off a mortgage early, there are . Whether it is a company 401k, a self-directed IRA, or some other .
Rethinking The Early Mortgage Payoff | Wise Bread
Jan 9, 2009 . Some financial experts indicated that the early mortgage payoff had merely a . IRA (it's a good idea to set aside money for retirement; using these . Having to remove more money from your 401(k) or traditional IRA will mean .
Should I Use My 401k To Pay Off My Mortgage? | MiB Smarter Money
Jan 1, 2010 . Should I Use My 401k To Pay Off My Mortgage? . because I'm pondering an early withdrawal of about 10% of my $360000 IRA, to pay off two .
Putting It Into Practice
Paying Off a Mortgage Early
You certainly would want to pay off a mortgage early if (1) the after-tax interest is higher . If you would have to use deferred-tax investments (IRA, 401(k), etc.) .
Ask the Expert: 'Should I Pay Off My Mortgage Early?' - DailyFinance
Jul 12, 2011 . Today, we reply to Ed, a 57-year-old with a small equity mortgage. . my ROTH, IRA and 401K with my goal of being debt free and retire early.
Thoughts on Paying Extra Towards Mortgage Principal » My Money ...
Feb 23, 2012 . Do you really want to invest in stocks using borrowed money? . However, if your alternative investments are in IRAs or 401k's, then those aren't . paying off that mortgage early sure beats the -30% return so many people .
Withdrawing From a 401K to pay off Mortgage
Should I withdraw from the 401(k) to pay off my mortgage and save m . funds you withdraw from your 401(k), plus a 10% penalty for the early withdrawal. . and the IRA investing are a wash, but Congress gives homeowners with a mortgage a .