I’m 31 years old with a Roth IRA worth about $35,000. I started this IRA when I was 20 while serving in the Marine Corps over seas. Since it’s birth I have fed the IRA about $38,000. My wife and I made it through school now oweing a little over $20,000 in school loans. We have $6,000 in credit card debt. And I need a vehicle soon. We both work and would like to have children soon.
Should I cash out this Roth IRA? I feel angry everytime I see the statement since it was over $60,000 less than 3 years ago. I heard countless speaches about the advantages of starting an IRA at a young age but my money would have done better under my matress.
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