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Personal Finance and Investing

Lonestarblue

(11,982 posts)

1. I would also like to know about this

Reply to Marthe48 (Original post)

Wed Nov 6, 2024, 09:07 AM

Nov 6

I depend on the 401k I contributed to over decades for my income. Much of it is invested in the US stock market. If I cash it out, I’ll have to pay a significant chunk of it in taxes. If I leave it invested, much of it could be wiped out in a stock market crash, which I see coming. Does anyone here have ideas?