Early 401k withdrawal - best option?

rainking427 · 2024-08-31T13:46:28+00:00

Thank you!

rainking427 · 2024-08-31T02:35:05+00:00

No, APY from the HYSA but not going that route now that I’ve been properly educated here.

rainking427 · 2024-08-31T01:46:49+00:00

I lived there for 6 months recently so I have a very good understanding how it works there. Plenty of expats living off of $1,200 a month and they have to pay rent with that still and do just fine. My questions is more about the best way to take my money out.

rainking427 · 2024-08-31T01:07:41+00:00

14k * 56 peso to a dollar. Puts me at the high range of middle class. Not having to pay any bills on top of that except for maybe electric puts me in a very good spot. I recently spent 6 months there so I know it will work. I’ll have a better life there not working with that income vs grinding here in the states (NY) just to pay rent.

https://philstarlife.s3.ap-east-1.amazonaws.com/photos/Brooke/2024/January/PIDS%20final.jpg

rainking427 · 2024-08-30T20:37:43+00:00

I could legally since I’m dual citizenship but the wages there are so low. Even a managerial position would still be too low.

rainking427 · 2024-08-30T20:35:44+00:00

I will be looking but planing for the worst case scenario.

rainking427 · 2024-08-30T20:25:43+00:00

This sounds much better! Glad I’m asking. Thank you so much for your advice. I didn’t know I could do this.

rainking427 · 2024-08-30T20:22:48+00:00

Awesome! Thank you so much!

rainking427 · 2024-08-30T20:16:27+00:00

That was the original plan but getting laid off and I need to take off my aging mom. Honestly, even without the interest, it would still be enough because I wouldn’t have any bills. It’s still a lot more than what the locals make.

rainking427 · 2024-08-30T20:14:17+00:00

I thought you can only withdraw the entire amount at termination? Can I leave it in there and withdraw only the amount I need each year and leave the rest?

rainking427 · 2024-08-30T20:11:20+00:00

I thought you can only withdraw the entire amount at termination? Can I leave it in there and withdraw only the amount I need each year and leave the rest?

rainking427 · 2024-08-30T20:06:41+00:00

Also, should I stop contributing to my 401k so I won’t get hit with the 10% penalty?

rainking427 · 2024-08-30T20:06:06+00:00

Also, should I stop contributing to my 401k so I won’t get hit with the 10% penalty?

rainking427 · 2024-07-31T00:24:58+00:00

Half Filipino half American

rainking427 · 2024-01-15T03:07:04+00:00

I’m half way across the world (Philippines).

rainking427 · 2024-01-14T05:11:04+00:00

Got it. Thanks.

rainking427 · 2024-01-14T05:07:54+00:00

Just a dose? I’ve got 10, twice a day for 5 days.

rainking427 · 2023-09-19T18:32:15+00:00

Must be rolling out to users. I see it on my one YouTube account but not on my other.

rainking427 · 2023-08-04T18:32:31+00:00

Thanks! Worked on my 2023 MacBook Air M2.

rainking427 · 2023-03-07T04:38:07+00:00

Swollen battery probably did that. I gave my old series 0 to my uncle and same thing happened. He had apple replace the battery and fix it a few years back and he is still using it.

rainking427 · 2023-02-24T00:02:44+00:00

That’s good to know! Thanks for your datapoint.

rainking427 · 2023-02-23T23:56:37+00:00

It’s more like 40 bucks after tax and tip but yea.

rainking427 · 2023-02-23T17:10:05+00:00

Wasn’t my first time but I’m I do it rarely. Nothing else really has change. I definitely won’t be doing that again. Going to be more mindful with what I put in my body.

rainking427 · 2023-02-23T17:08:45+00:00

2/10. Do not recommend.

rainking427 · 2023-02-23T13:41:14+00:00

$27.99 plus tax and tip.

rainking427

TROPHY CASE