Hey all,
I'm about to purchase my first home for primary residence. I have the assets for the down payment currently invested in a few different vehicles, and I'm still deciding which is the best place to pull the funds from. I'd be curious to hear folks thoughts on where to pull funds from, and any tax advantages or other investment benefits of one vs another.
My current assets and options to pull from:
Employer 401k:
- Roth and Pre-tax: all stock total market index funds
Vanguard Brokerage account
- VTSAX - total market index
Vanguard Roth IRA
- VBTLX - total bond market
What would be the order for pulling from each of these funds that folks would recommend?
I've read about the $10k first time home buyer exemption for retirement funds, but not sure if that's a good call or not.
Would love others thoughts on approaching this and what the priority of funds would be.