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Author: WPatch Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 72265  
Subject: Re: What % to have in retirement vs liquid asset Date: 10/30/2007 1:33 AM
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2) Save enough so you have 20% down when you buy a home to avoid PMI.

Good idea.

Remember 10K can come from your 401K for this purpose.

Wrong. $10K can be taken from a traditional IRA, or earnings or unaged conversions to a Roth. There is no such provision for non-IRA employer retirement plans, such as 401Ks.
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