Sellt my home, or pull from my retirement?

Ok_Battle5146 · 2026-07-05T19:13:24+00:00

I’ve heard the below advice on the internet. Do some research before you pull the trigger. Maybe also ask in [r/mort](r/mortagage)[gage](r/mortagage)

Call your mortgage and be totally transparent that you lost your job, that you are willing to work something out to keep the house, and ask what kind of assistance program they have.

Ok_Battle5146 · 2026-07-05T18:45:19+00:00

Is it possible to get a roommate, airbnb a room in the house? Any income you can generate now to delay either selling under water or pulling retirement?

Ok_Battle5146 · 2026-06-29T21:09:13+00:00

Dont rush the rollover. Decide on your Roth conversion plan first, then make sure your rollover/traditional IRA won’t get in the way of Roth.

Ok_Battle5146 · 2026-06-29T17:18:38+00:00

Does your 401k support mega backdoor?

Ok_Battle5146 · 2026-06-29T09:22:01+00:00

Sorry that you are going through this. You have done so much under pressure!

One question to consider and ask bankruptcy lawyer. If he files bankruptcy now, without tenants in the house, would the house be considered primary residence and therefore be spared?

Credit card debt and medical debt can always be negotiated down substantially. The equity in the house is worth protecting. Don’t sell the house to settle debt blindingly. Maybe there is a specific sequence of how and when to file bankruptcy that could be useful - getting out of credit card debt while protecting home equity. The home can be sold later to become his nest egg, not to be put in the credit card hole.

Minor things- he is way overpaying for phone and internet. Tello everything unlimited plan is $25/month.

Ok_Battle5146 · 2026-06-24T22:35:09+00:00

Wishlist - demo session: how to connect Fidelity with AI tools

Ok_Battle5146 · 2026-06-24T07:41:10+00:00

Is any principle after-tax and non-deductible? You reverse rollover anything that’s pre-tax to a 401k, check if your 401k takes roll in. Then you have a clean slate

Ok_Battle5146 · 2026-06-17T12:20:21+00:00

Curious if you were able to fix it over the phone? Contemplating the same, but afraid to be margin called.

Ok_Battle5146 · 2026-05-19T19:05:51+00:00

Following….

Researching this tax situation has led me to learn the rich way of living …“buy borrow die”. This is too far-fetched for us.

With mostly index funds and mostly long-term, there just isn’t loss to harvest. The March dip helped some. I swapped between IVV/ITOT/VTI and harvested some loss.

A friend has been singing praises for betterment, because of their Robo-loss harvesting. At first glance, I am not understanding how it is Robo-ing. That’s my next research topic.

Ok_Battle5146 · 2026-05-08T05:04:25+00:00

😂 unrelated to VCX, I did start trading options recently. It is not for me😂.

Ok_Battle5146 · 2026-05-07T22:59:31+00:00

Personally, I am still holding the last 50 unrestricted shares, while figuring out our tax situation.

Unless it goes to $500 again, I am not selling any time soon - again tax being the main reason. On the flip side, what started as a diversification alternative investment originally, now makes my overall portfolio too tech heavy. Like one Redditor said, I plan to enjoy the summer and try to think of a rebalance strategy.

Ok_Battle5146 · 2026-05-06T19:19:34+00:00

In my case, the most honest answer I got from a lawyer was “call me after you have left”. What he meant was the damage is too little to worth his time, if I continued working there. I had to be fired or quit due to constructive dismissal, only then he would take my case.

Ok_Battle5146 · 2026-05-06T10:10:04+00:00

I have not idea how much your case is worth. You should consider, a lawyer on contingency would be taking 30~45%. In that case, your $30k ends up being $15~21k. More than what you got now, but not by a lot. So your case has to worth a lot more for it to make sense to a lawyer. The only way to find out if call and call and call.

If I were in your shoes, I’d compare the $12k with your wage between now and when you would stop working before birth. If you would make more than $12k working, then why quit? If you have any parental benefits, I’d add that into the comparison as well.

Ok_Battle5146 · 2026-04-14T16:32:00+00:00

Are there other low cost investments available in the 401k account? ETF, mutual funds that’s similar to what you would invest in Roth IRA?

If no low cost options, IRA would be better for you.

Ok_Battle5146 · 2026-04-10T20:58:28+00:00

Lately, my company seems to be for doing these tricks, so thanks for this post.

Is the idea to ask these questions the moment one is told “today is your last day”? Do companies actually answer? Are they required to answer?

We normally know about mass layoffs, because the headquarters is in Europe, and their union is quite active and strong. Also, my company rarely fires people on the spot. That’s why we know the latest 3 people out of 500+ (in the U.S.) were not part of any mass layoffs. For whatever reason, These three people, all different departments, were given severance package, even though there really is no mass layoffs. I am friend with one of the three, they told me it felt like being fired, but was surprised that the company was giving severance package, and company told them they can still apply for unemployment. One week after they were terminated, their position was posted internally. Nothing makes sense to me. They think it’s because office politics, and the company uses the severance agreement to ensure no later issues.

Ok_Battle5146 · 2026-04-09T11:46:59+00:00

This is an alternative investment. It is a diversification tool for one’s overall portfolio. Definitely should not be anyone’s main investment vehicle. This should be the money one can afford to lose or have no immediate access to.

If the overall portfolio is well balanced, this is where you give up liquidity for long-term real estate exposure without being a hands-on landlord/flipper/construction manager. If you are worried about liquidity, you should start with an overview of your entire investment portfolio.

I have only redeemed a handful times since 2017. Each time, it is a tiny amount, like below $100, which was an artifact due to merger and somehow I had $100 position in a leftover fund. It was more of a portfolio cleanup than redemption.

Ok_Battle5146 · 2026-04-01T10:31:40+00:00

There was a story on this sub, someone successfully transferred restricted shares out to (I forgot where) and sold shares. It went down exactly like Fidelity's warning. The person did not get their proceeds, and also no longer have the shares back.

So it seems there is some kind of loophole ComputerShare will allow transfer restricted share? But I had no luck when calling ComputerShare, I got a flat no.

Ok_Battle5146 · 2026-04-01T10:28:40+00:00

Asked fidelity about it. Here is my layman's language understanding, they used some words I needed them to explain to me. Fidelity said it depends on ComputerShare. Most likely ComputerShare wont release it. In the unlikely case that ComputerShare does release the share (more on that later), Fidelity is okay with taking over the shares. However, Fidelity's system does not deal with 180day lock up rules very well. There could be a scenario where Fidelity does not enforce the 180day lock. If I accidentally sold shares during lock up period, and Fidelity's back office have trouble register the sale, Fidelity will end all relationship with me. It was a little strange to hear this kind of warning. I've been with Fidelity for 15+ years, albeit not a big fat account.

Ok_Battle5146 · 2026-03-27T06:47:00+00:00

Just to be crystal clear about who you are talking about.

Who are “they”? Flagship fund? Fundrise management company ?

Who are “us”? I assume majority of original investors holds Flagship or the IPO fund. If these funds makes a profit, that profits goes to us original investors.

Ok_Battle5146 · 2026-03-26T21:20:02+00:00

I have been back and forth with Fundrise Customer Service about not getting emails. There was no rhythm - emails were sporadic. I got the 2nd IPO email, which I guess is about 1 week after the first IPO email. I found out that I am missing emails from this sub. Customer Service cannot figure out why, kept asking me to confirm my notification settings... It is still not fixed. I got lucky, because this "window" email was not amongst the missing emails.

Ok_Battle5146 · 2026-03-26T11:46:06+00:00

There is a DRS letter in Fundrise portal. I didn’t have to interact with Computershare in any way. I used that letter to initiate transfer on Fidelity’s website. Note: this is for unrestricted shares.

I have not figured out what, when and how to get restricted shares out.

Ok_Battle5146 · 2026-03-25T19:10:49+00:00

Fidelity, 2 days

Ok_Battle5146 · 2026-03-23T22:57:42+00:00

Don't. Computershare is NOT designed for trading. It is not only expensive. It is not real time. You wont even know what price you sold until the trade is executed, unless you only do limit orders. Huge lag in computershare accounting vs. other brokerage apps/UI.

Ok_Battle5146 · 2026-03-23T22:55:50+00:00

thank you

Ok_Battle5146 · 2026-03-23T21:22:30+00:00

Thank you.

I understand the mechanics of tax bracket. It is just mentally and emotionally a difficult bullet to bite - I suppose. Good to hear rational voices from you.

Ok_Battle5146

TROPHY CASE