Hi, sadly I have terminal cancer and need to plan for the future. I am married and have two young kids. I am getting social security benefits that my kids will be able to keep getting until they are older. Anyway, the burial plot costs about 13-16K. We have about 20K cash savings in a high yield savings account. I don’t want to leave my family without an emergency cash fund especially since they will be with a single parent. I do have a life insurance policy but I don’t think it’s much more than 10K. Would it be better to withdraw at least most of the amount from my ira? I would not pay the penalty but I don’t know. TIA for any advice.
Submitted August 17, 2023 at 11:23PM by Bimbimb0p https://ift.tt/0UwQEXj
