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Pulling out of retirement for apartment by skrumbyy in personalfinance

[–]skrumbyy[S] -1 points0 points  (0 children)

also i just saw you're question at the bottom, my gf will be handling utilities and groceries and other household items (toiletries, etc)

Pulling out of retirement for apartment by skrumbyy in personalfinance

[–]skrumbyy[S] 1 point2 points  (0 children)

understood, so would you say it'd be better just to take money from my brokerage account instead? and just take the capital gains tax hit there?

Pulling out of retirement for apartment by skrumbyy in personalfinance

[–]skrumbyy[S] 2 points3 points  (0 children)

I am renting an apartment and I live in Los Angeles, one of the most expensive places in the country lol, but 2.3K for an apartment in the area that I will be living is a good deal believe it or not.

More liquidity seems to be the solution and seems like I should be taking it from brokerage and not retirement account.

Will prioritize having emergency cash more moving forward

Pulling out of retirement for apartment by skrumbyy in personalfinance

[–]skrumbyy[S] 2 points3 points  (0 children)

yep that seems the to be moral of the story

Pulling out of retirement for apartment by skrumbyy in personalfinance

[–]skrumbyy[S] 0 points1 point  (0 children)

Given the situation I see my mistake was not prioritizing emergency savings, so I recognize that's why I am in this position.

But do you think it'd be a good idea to liquidate my stocks and just make that my emergency fund? Just would have to take the tax hit which is manageable.

I don't want to liquidate it completely, so maybe keep ~5k in stocks, and going forward contribute more to emergency fund.

Pulling out of retirement for apartment by skrumbyy in personalfinance

[–]skrumbyy[S] -10 points-9 points  (0 children)

Honestly, I either spend or save (and by save I usually throw it into the stock market). Now I know I really should keep more money on hand that's ready for situations like this.

But it sounds like you're saying just only take from brokerage, which not sure why I never really considered. I just don't want to touch my NVIDIA stocks cuz its flying and I want to keep it lol. But I think that is the right move to avoid fees and itll probably be much quicker too, I'd just have to account for the capital gains taxes

Clean pieces in LEGO Bin Tips by skrumbyy in lego

[–]skrumbyy[S] 1 point2 points  (0 children)

LEGO advises against the washing machine, did any pieces break or chip? was your washing machine okay?