Is 401K Really Necessary for FIRE?
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- Опубликовано: 27 май 2024
- Why people on FIRE still don't skip 401K or Roth IRA even if they intend to retire earlier than the normal retirement age.
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Good info! would you have the same prioritization if you have a Roth 401k available?
I would! Match > Roth IRA > Roth 401K
Only because I have more control over my IRA than my 401K. For FIRE, we max out both Roth 401K and Roth IRA at the same time. Last week’s video showed how to withdraw from your Roth 401K early so check it out!
@@FIREPsyChat Fair enough. I'll be sure to check out that video!
You can take all of your money out of a retirement account tax and penalty free if you know how to fill out a tax return
U high?
?