Quote:
Originally Posted by fatburg
Don't forget to take out the 20% penalty and taxes...that makes your 14 about 7...suck.
I've done the math several times, I can cash one of my retirement accounts out and pay off everything but my house. Of course if I hold on a little longer, I can open my gym and borrow against my retirement penalty free.
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for me yes... but if his "emergency fund" and retirement are not in 401K's then he doesn't have that penalty...