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Reply to "Is it ever a good idea to use retirement money to pay off debt?"
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[quote=Anonymous]If you only have $13k worth of debt, and you can somehow "fully fund" retirement once this debt is gone ... I don't understand why you can't get it paid off w/o dipping into the retirement fund now. Unless your definition of "fully fund" is different - I assume it means that both parties can put the max amount in per year as allowed by law, which is $17.5k each. If you have that kind of $$, why can't you get the cards paid off??[/quote]
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