SoCal housing woes
14 months ago
My SO and I paid off all our debt this year and thought we’d use our retirement funds for our first house. Then we found out we’d be taxed to hell and back for taking that out, especially on top of the money we got when the company we work for was bought earlier this year (which was how we finally got rid of all of our debt!) Now the plan is to save, sell some stuff (anyone want a Rat Rod ‘59 El Camino?) and move our IRAs into our 401k so we can take a loan from it next year and also have a full year of the tax benefits of owning a home. Fingers crossed! Good luck to everyone else working towards this goal, too!
