?? About IRA Withdrawal

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Originally Posted by mtowncyclone13

Is there a large personal finance thread on CF? You know, debt, savings, wealth, etc with numbers?

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Bogleheads Investing Advice and Info

Don't touch your IRA, plain and simple

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Originally Posted by mtowncyclone13

IRAs should not be used as banks.

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Roth IRA > bank savings account

G2G, use some of the money you have been saving to donate for the SEZ!

disagree. You needa roth, emergency cash savings, and securities. all three are needed for a well-rounded portfolio.

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Originally Posted by kilgore_trout

I would say your brother can't afford the car and you cant' afford to help him if you have to use IRA funds.

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Originally Posted by JWIL4CY

1. If your brother is $5000 short for a car then he either needs to buy a $5000 cheaper car or wait and save up $5000.
2. If you have to take money out of an IRA then you are in no position to be helping him financially.

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Also, your mother was a hamster and your father smelt of elderberries. We shall proceed to fart in your general direction.