I Hated My Job So I Slashed My 401k Contributions—Here’s Why It Worked

Once my 401k Hit $1Mil I figured it would be self sustaining. I hit that number at 48 so by the time I'm 59 1/2, the age I can withdraw penalty free, it should more than double.

Here is my plan for you all to judge and poke holes in.

1. I reduced my 401k contributions to the minimum needed for the employer match (e.g., 4-6%).
2. I redirected the difference (plus extra from cutting expenses) into a taxable brokerage account, which I call my Freedom Fund.
3. This fund will cover living expenses from the day I quit work until I could access my 401k penalty-free at 59½.

Lets have it guys.. am I an idiot or is this a brilliant Hack I uncovered?

submitted by /u/Misterash131
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