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      11-23-2019, 08:40 PM   #1
iminhell1
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Drives: 2010 SG 135i auto
Join Date: May 2015
Location: Darwin, MN

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Use 401k to pay for school?

I'm just curious if this is a wise financial move.
I've got about $10K in there. Have not looked at cost of school. But lets assume coming out I'll be making more than I am now.
Took about 5 years to get that $10k putting in 3%. Company share is averaging $1k/yr.

What I'm looking at is that money in there is basically only growing from money put in, not from actual market growth. A faster return would be to make more, to put more in. I'm about topped out for pay, can gain maybe a buck or 2 but nothing significant. So to make more money I need a career change.

Using my 401 seems to be my best move near as I can tell.
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