"next year" --- so you plan to retire and move in 2022? "We will be 59 years old" Will you be 59 1/2 when you take that money out of the 401K? If not, you will pay a federal early withdrawal penalty of 10% plus ordinary income tax--so be careful.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
