I've made some very big trades where my Roth IRA grew to over $400k. I am 25 years old and would like to buy a home in the near future. Unfortunately, all of my gains are in that retirement account which I can't cash for the next 30 years or so unless I want to take the 10% penalty and tax hit. If I was closer to retirement age I wouldn't even be making this post. What do you recommend I do?
Edit: Guys I appreciate the advise, I will just put it in VTSAX or something and forget about it. I got too excited and was thinking of taking out enough for a 20% downpayment on home. This is the dose of reality I needed to not make that mistake thanks!
Submitted February 24, 2021 at 09:52PM by BrainWashedRedditor https://ift.tt/2ZNIxjD
