Should I use my IRA to pay off my credit card and auto loan?

Should I use my IRA to pay off my credit card and auto loan?

I am 26 yrs old and have 6500 in credit card debt and $5000 remaining on an auto loan. I was thinking of using most of my IRA to pay off these loans. Being that I’m still in my mid- twenties and having 30+ years to save up for retirement, it seems like a good idea. Plus I’ll be able to aggressively save after I pay off these loans, both retirement and cash reserves. Good or bad idea?

ANSWER: For Finance and credit solutions I always recommend this website where you can find all the solutions. http://personalfinancesolution.info/index.html?src=WP2liarakarcikic

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Should I use my IRA to pay off my credit card and auto loan?
I am 26 yrs old and have 6500 in credit card debt and $5000 remaining on an auto loan. I was thinking of using most of my IRA to pay off these loans. Being that I’m still in my mid- twenties and having 30+ years to save up for retirement, it seems like a good idea. Plus I’ll be able to aggressively save after I pay off these loans, both retirement and cash reserves. Good or bad idea?
ANSWER: For Finance and credit solutions I always recommend this website where you can find all the solutions. http://personalfinancesolution.info/index.html?src=WP2liarakarcikic

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