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Reply to "Dialing back 401k until both kids are in PK3"
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[quote=Anonymous][quote=Anonymous]How the Hell do you reduce your contributions by $50k over the next two years and only reduce the FV of your retirement accounts by $30k? You're being dishonest somewhere.[/quote] Op has some confounding elements she's looking to take $50,000 from family repaying that at $830 a month. However in order to do so she needs to stop contributing to her 401(k) for a period of two years. Thus the relevant calculation in simple terms is The value of the $20,000 she would have contributed over the period compounded. Regardless OPs math is fucked. $20,000 put in an account today and allowed to accrue for 30 years at 6% is $114k. [/quote]
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