|
S |
M |
T |
W |
T |
F |
S |
|
|
|
|
|
|
|
1
|
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
|
9
|
10
|
11
|
12
|
13
|
14
|
15
|
|
16
|
17
|
18
|
19
|
20
|
21
|
22
|
|
23
|
24
|
25
|
26
|
27
|
28
|
29
|
|
30
|
31
|
|
|
|
|
|
|
|
106 members (specialk, hue, Stewart36567, sawdust, deadeye48, cch, BD, Jmfire722, DGAMBLER, BCnLA, Narrow Gap, JA, cgardner, LostinTX, Floorman1, Marengo hunter, centralala, Bustinbeards, 3006bullet, HHSyelper, MS_Hunter, lthrstkg1, Geeb, Gut Pile 32, jprice, Mountain Boho, furnfeather, jdstephen44, chill, Young20, rrice0725, AU7MM08, CNC, 300gr, fish_blackbass, Sgiles, Longtine, GMCScott, demop_native, RockFarmer, woodduck, James, WarEagle300, Ron A., Ruger8point, lefthorn, chuck216, 7x57_Mauser, CouchNapper, Okatuppa, dtmwtp, Koba, El_Matador, Beadlescomb, jaredhunts, geeb1, quailman, Austin1, Tree Hanger, MTeague, mcninja, claybird, BradB, CatfishJunkie, dustymac, coldtrail, Parker243, Richard Cranium, abolt300, Showout, Nowlide, fur_n_feathers, 3blades, CAM, Overland, BGR, Jweeks, MIB, DoubleShoalsJR, ImThere, Bowfish, jmj120, Antelope08, donia, rutwad, Rainbowstew, Catfish28, beerhunter, Bigwhitey, Honcho, fishunt1001, green river 123, ts1979flh, outdoorguy88, weatherby, Ant67, 10 invisible),
718
guests, and
0
robots. |
|
Key:
Admin,
Global Mod,
Mod
|
|
|
|
Joined: Jun 2013
Posts: 3,339 Likes: 31
10 point
|
|
10 point
Joined: Jun 2013
Posts: 3,339 Likes: 31 |
As others have said, don’t touch the 401K and double up on payments. Keep a safe amount of money in savings (the 6 months expenses rule is a good one). I’d divert some of your savings (not all but some) to an IRA or brokerage account. I understand the feeling that the market is going to crash. It will inevitably hit a recession before you hit retirement age. That’s just the natural market cycle. But you aren’t so close to retirement you can’t recover from it. You have a historical low mortgage interest rate. I’d focus on building more wealth for retirement and work towards paying your house off over a 5 year period. That timeframe should allow you to get it knocked out without having to pull from your nest egg. The line of work you are in can take a toll on the body. There’s no telling when you might be forced to medically retire (hope it doesn’t happen to ya but I know a number of folks in the trades it has happened to). It might be a good idea to try and have enough wealth built up to float you until you can draw social security and from your 401K without penalty should that happen.
|
|
|
|
|