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Updated about 4 years ago,
mortgage forebearance & withdrawing from your 403B/retirement
Hello! With the covid19 pandemic, mortgage forbearance is allowed as well as withdrawing up to $100k from your retirement. My question is, do you think that is a financially sound idea? To leverage more so you can put a down payment on another property? Are there any downsides to this?
I do understand you will get taxed more when withdrawing from retirement.
Any advise, tips, thoughts are greatly appreciated!