Originally Posted by
Trip7
Anybody else goal is to have more liquid money/assets than you have in retirement accounts? Overall I think too many people focus on retirement in 50s and 60s and not enough on Financial Freedom in the near future. Keep working hard, fill up that 401k but you can't touch it in large amounts until 59 1/2 without massive penalties. It's almost as if it's a vehicle built to shackle folks into working til their old.
this has been my argument against a Min Balance plan since the get-go. Why should I, me, not be able to take MY money and invest it where I want? What if I want to use that money to prop up a friend's small business? What if I want to use the excess to support my parents? What if I want to take it to Vegas and put it on black? That should be my choice and my choice alone. Not the choice of DZers who will apparently never have enough money.