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Reply to "Stop 401k and Purchase a Rental Property?"
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[quote=Anonymous]Is this a viable and sustainable option? Currently 37yo (single income family) and have about $400k in retirement and $300k in home equity. My company invests 15% of my base salary into my retirement account each year from company profits. Also, I am provided dividends from company profits on a yearly basis (untouchable until I retire and usually around $50k to $100k, depending on company profits - this is not an investment account, money sits stagnant until I retire). Should I stop my max contribution to my 401k ($18,500) and rely on company deposits for my retirement and purchase a rental property for supplemental income?[/quote]
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