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Updated over 4 years ago on . Most recent reply

User Stats

152
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159
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Jess White
  • Rental Property Investor
  • San Jose, CA
159
Votes |
152
Posts

401k Completely Drained

Jess White
  • Rental Property Investor
  • San Jose, CA
Posted

Have you ever cashed out your 401k early to invest in real estate? If so tell me how it went. Were you glad you used up your 401k? Did it get you started? Did you regret it?

Drop your 401k cash out stories below

Most Popular Reply

User Stats

1,308
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528
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Mark S.
  • Rental Property Investor
  • Kentucky
528
Votes |
1,308
Posts
Mark S.
  • Rental Property Investor
  • Kentucky
Replied

Crickets... 😂

I personally would never do it, but I know of many who have done it and been successful with it.  Too big of a risk for me and I personally prefer to stay diversified with different types of investments.  

I doubt you’ll have many who will admit they’ve done this and completely failed.  You’ll likely hear mostly success stories.  Keep that in mind, as it’s probably not representative of reality and you should proceed with caution.  

  • Mark S.
  • Loading replies...