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I'm 23 and have around $12k in a 401k through my company (contribute 8% of each check and they match 6%)
I want to withdraw the entirety of it, not to spend on stupid bullshit - but to invest in a way that I choose, because the chances of me living to 40, let alone 65 are minimal.
I know I'll be taking a huge loss through taxes, but I'm willing to accept that loss for now - knowing that I'll have significantly more control of the remainder.
What is my best way to go about accessing these funds?
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>>1968582
just lower your contribution to zero for a year and use that money to invest.
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>>1968582
Terminally ill or retarded?
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>>1968582
You can transfer the money from a 401k into a IRA account without taking a tax penalty. Once the cash is in an IRA, you can invest in stocks/bond/futures/options/etc like anyone can do with a brokerage account.
But the failure rate is high, most retail traders never beat the market, better to just put the cash in a S&P500/DOW fund
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>>1968678
take lots of vitamin d for the cancer. get a vitamin d blood test.
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>>1968678
>testicular cancer
Why not just remove em?
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>>1968928
because he dosnt want to be a tranny/faggot?
Thread posts: 8
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Thread images: 1