401k? Easy to take money out?

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I was always under the impression that I would prefer to defer taxes until I retire, reducing my taxable income now when I'm making more.

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No

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Not at all... unless you're taking the money for down payment on a house or your above 60. Screw 401s I do my own fixed asset investing.

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@GS1 and forfeit the match?

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Depends on your realized return, I have a better opportunity to invest the money now and take the tax hit. I think the mindshare you have to pay attention to these other investments is important too.

Don't take it out

@MS2 You have the right idea. Take advantage of the match, and once you've maxed that out, put any extra income into value based index funds

@Citi1 so rather than max out the 401 contribution ($18k/year) you think we should contribute the X% employer match and put the rest into a private non-retirement investment?

Personally, I max out the match and then invest the rest myself (big believer in small cap value index ETFs like VBR). A lot of people prefer to max out the the full 401 contribution, (the 18k) in order to maximize the tax benefit

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