Can you take withdrawal from 401k and invest it into property after 60?

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1025582

2026-04-09 11:15

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Yes, you can withdraw funds from your 401(k) after age 59½ without facing the early withdrawal penalty, but you will still owe income tax on the distribution. Once you withdraw the money, you can use it to invest in property. However, consider the potential tax implications and the impact on your retirement savings before proceeding. It's often advisable to consult a financial advisor to understand the best approach for your specific situation.

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