Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Help

I have an idea and I'd like to see if it makes sense. I have $25,000 in a mutual fund I've earmarked for retirement.

Should I max out my 401k contribution (make less take-home pay) and sell off some of my mutual fund to supplement my lost income?

This would place my investments in a more tax friendly positition from which to grow over the next 40 years.

What issues do I need to keep in mind (i.e. fees, loads, future job changes?)

Any ideas/help are appreciated.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement