Home invest in investing living frugal what to invest in I just left my consulting job that gave me some money in the pension account for staying there 4+ years. It has a flat interest rate of 3%. Would it make better sense to withdraw it and tax the tax hit to invest it in index funds instead? I don't really need the money in the short term.

I just left my consulting job that gave me some money in the pension account for staying there 4+ years. It has a flat interest rate of 3%. Would it make better sense to withdraw it and tax the tax hit to invest it in index funds instead? I don't really need the money in the short term.

Mr Cheaply On 9:35 PM

My overall net worth is 600k and I have it spread across 401k, roth, s&p index funds, some tech stocks like AAPL, MSFT and also counting close to 200k in home equity. I don't really need the pension money right now and want to get it invested in a better vehicle if possible even if it is a tax hit on the short term. What would be the best way forward?

Submitted April 18, 2024 at 11:11PM by TroyAndAbed2022 https://ift.tt/mKIYJ3l

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I just left my consulting job that gave me some money in the pension account for staying there 4+ years. It has a flat interest rate of 3%. Would it make better sense to withdraw it and tax the tax hit to invest it in index funds instead? I don't really need the money in the short term.

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I just left my consulting job that gave me some money in the pension account for staying there 4+ years. It has a flat interest rate of 3%. Would it make better sense to withdraw it and tax the tax hit to invest it in index funds instead? I don't really need the money in the short term.

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