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I am incentivized via the tax code to put money into a 401k, which I can take out early only as a down payment to purchase a home, and rent costs more than mont

I am incentivized via the tax code to put money into a 401k, which I can take out early only as a down payment to purchase a home, and rent costs more than monthly mortgage payments, especially with the tax breaks for having one. How am I not being pushed to put my money in investment banks or a home?

djrogers 10y ago
> How am I not being pushed to put my money in investment banks or a home? You're being 'pushed' to save money for retirement. The fact that you can take $10k out one time for a first home is a nice little bonus, but it's a rarely used benefit and isn't exactly evil.
aianus 10y ago
Rent costs less than (mortgage interest + taxes + condo fees + maintenance) where I live. This is extremely dependent on location.