Ask Jesse: Selling a Rental Property, Buying a Car, and Pausing Retirement to Save?
The Jesse Mecham Show
Pausing Retirement to Save for a Car and Reverting to the Original Theme
In this chapter, they discuss the dilemma of whether to pause retirement contributions in order to save for a down payment on a new car. They weigh the pros and cons and ultimately advise against stopping retirement contributions. They suggest considering buying a more reliable but less expensive car as a temporary solution.
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