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      11-26-2012, 01:40 AM   #3
Major General
roastbeef's Avatar

Drives: E92 M3
Join Date: Nov 2010
Location: Orange County, CA

iTrader: (1)

i would hate to pay taxes for the conversion, and then pay taxes on the $10k as income. something like that would definitely kill the deal.
i'm 25, so i have a lot of time to let these things grow.

i'm no expert, but the 457b has just been "ok." i've only had it for about four years, but i'm not that impressed with it. i picked up my first investment property this year, and i've been thrilled with that.
i might just need to slow down and recognize that the 457b is long term, and i'm getting excited about the instant gratification of getting another rental property. i almost feel like another rental is going to bring a better return right away, as well as a long term return, but maybe i'm just looking at it a little skewed.