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Reply to "Cashing out 401K to payoff mortgage"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You are living beyond your means. No one is forcing you to own a house that makes you a slave to a $300K/yr job but YOU. My advice is to downsize to a home you can afford on one salary (or a lower salary) and gain your financial security/job flexibility that way. You can still live in a close-in neighborhood, just in less space. Signed, someone who lives in a 1200 sq ft house that cost less ($500K) than the total value of our 401Ks, and with a mortgage payment that's less than half of one of our salaries. Very happy with our lifestyle and flexibility/savings. [/quote] its sad that we must live in these conditions as the middle class.[/quote]different poster. I'm not sad about this at all. This is common to our region. I don't understand all the house envy that goes on in these threads. [/quote]
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