Ask Shannah: Should I Take Money From My Retirement Account to Buy a House
Everyone's Talkin' Money
00:00
How to Save Money on Your Retirement Account
Dominic says, Shauna, I'm a first generation person in my family to the US and I've achieved a lot that my parents can only dream of. My partner and I are thinking about buying a home in the burbs because my accountant said, we might save money on our taxes. We were pre-approved for a house price of $475,000 thanks to your recommendation to do that. So that means we need to save around another $94,000. Yikes. That's a lot of money. But if we really buckle down or stretch, we can make it work. The money story part really rocked my world and I had so many ahas.
Transcript
Play full episode
