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Any general thoughts on the use of 401k funds to pay off a mortgage? I'm thinking through ways to protect against a deflationary bust scenario where we'd potentially lose our home if we can't maintain our incomes.

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Discussion

Beiner 2y ago

Don't you have to leave your job in order to get your 401k money.. if not you can only take out loans and pay interest on your own money..

HelpingHand 2y ago

That may be - though I thought for first homes there was an exception. Nothing feels more like freedom than 10,000 rules on "your" money.

Beiner 2y ago

They wont care.. they will tell you quit your job or take a loan and pay interest. Kinda no way around it.. sooooooo advise your loved ones not to get a 401k