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I'm wondering if you would recommend cashing out principal in a Roth IRA to pay off debt.

Not unless you're bankrupt.

Not unless bankrupt, okay.

Yeah.

Because it's going to cost you millions and millions and millions and millions of dollars in tax-free growth later

because you didn't address the real issue.

So how much debt have you got? What's the problem?

We have about, well, we bought a new house last summer and we used, and we have a he lock from that at about 50K,

and we have a retirement loan at about 28K to the 401K.

I'm trying to take out the 401k retirement loan first, so we've been paying that down probably like 4K a month.

I'd say...

So you've got a 50,000 and a 24,000. What other debt have you got? 4K a month. I'd say... Wait a minute.

So you got a 50,000 and a 24,000.

What other debt have you got?

We've got a car loan of that, I don't know, 13K.

We've got some credit card debt of maybe, I don't know, 15K.

And then we've got savings.

How much savings do you have we have we have well we

don't have full emergency savings but we have um about 11k in emergency

11k of savings currently and then um our our roth principle though is um the question is

really about the ross principle because i understand i understand the question and i'm the Roth principal. I understand.

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