A 23 -year -old train operator went to Reddit R/free debt community recently with a simple but loaded question – should take out of my 401 (k) To pay for my debt?

He explained that he has about $ 8,000 saved in his retirement account, $ 2,000 in savings he never touches and about $ 10,000 on a regular bank account. But it is not even close to covering the almost $ 97,000 in the total debt it has accumulated, most of which comes from a $ 66,000 loan for a 2019 2019 Dodge.

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The publication caused many answers, most of which were put on an important topic: the Challenger. “$ 66 million for this junk,” a user wrote. Another added, “Ten $ 66,000 in a six -year -old car?”

The feeling was consistent: the car must go.

“Sell the challenger and buy a batter car,” a commentator advised. “Put (the money) you pay for Challenger monthly toward credit cards and loans.” Others questioned the original decision.

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The overwhelming majority of Redditors warned Touching 401 (k).

“Don’t stick with your 401 (K), sell the car and get a more reasonable one,” a user said.

Another explained the long -term cost. Removing $ 8,000 from 401 (K) can be only $ 6,000 after taxes and penalties. If left without touching, the account could grow up to $ 200,000 when the poster is removed.

Car loan is the most visible symptom of a wider problem. “You have to wake up and sell that useless car,” he read a comment. “Sometimes your dreams are just that, you dream. You’re in a nightmare.”

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Another user said this directly: “You have a expense problem, friend.”

Others encouraged the original poster to take responsibility and start rebuilding. “Jesus … shows this to your parents. We hope to shake hands. Sell the car, get 2-3 side tasks. I will throw your shovel, but you are for a few years. Better enter with your parents.”