John Deloney
👤 SpeakerAppearances Over Time
Podcast Appearances
You're not in it.
It's not desperate times.
Right.
You're annoyed.
It's locked in.
And by the time you take it out, not only are you going to have to pay taxes and- Penalties.
Penalties on it.
But yeah, if you just up and pull that money out and take it out like a contribution-
you're going to pay a 10% penalty.
So I would not touch that money.
Well, are you talking about just pulling out the money that you've invested, not the growth?
Yeah, I understand what you're saying.
You could pull that money out and not have anything attached to it.
But I wouldn't do that for the simple principle of you're in a situation or a season of life where you're changing your behavior with money.
And what that means is I'm going to start doing the smartest things as I possibly can with my money.
You know what I'm saying?
So once you know the information, just abide by it.
I'm thinking of I was thinking about that.
But here's what I here's where you're at.