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Updated over 6 years ago, 07/02/2018

User Stats

15
Posts
1
Votes
Kitty Jedra
  • Wholesaler
  • Green Brook, NJ
1
Votes |
15
Posts

Keep 401K or invest $ on a rental property?

Kitty Jedra
  • Wholesaler
  • Green Brook, NJ
Posted

Hello Everyone,

I am in my mid fifties and thinking of how to best prepare for retirement. I have about $70,000 in a 401K and wondering if it would be wise take this money and invest it in a rental/cash flow property. I realize that Uncle Sam will be taking a good part of the 401K if I withdrew it before retirement. Your thoughts would be greatly appreciated!

Kitty

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