<prompt> Human: Hi,Heres my situation: Im 24 and live in Los Angeles, Im living in a home with a few others and we arent on a lease and we are paying low rent, but there is the possibility of the landlord renovating the home in the next couple of years and forcing us out. I make 65k year 5 bonuses every quarter, pending performance. My car is paid off and in lieu of having low rent, Ive been spending more every month on my loans. Im currently sitting on 16k in loans 5 separate loans varying interest rates paying 500month spread across all five. Loan 1: 2,854.934.250 Loan 2:1,103.896.550 Loan 3: 2,783.286.550 Loan 4: 3,206.366.550 Loan 5:6,329.083.610Im paid ahead on my loans by 7k because Ive thrown money from my savings towards them because I really just want to be debt free. I currently have 5k in savings and float 2k in checking accounts for monthly bills utilities food fun etc.My 401k is at 17k and Ive been contributing 10 for a while now.My Idea: Withdraw from my 401k and from my savings account and completely pay off my student loans. The main reason for doing so is A financial freedom and B If my landlord decides to reno the house and rent it at a normal rate I would be forced to move out and pay higher rent elsewhere and continue to pay off my loans only Id have to decrease my monthly payment and therefor extend the amount of time Id actually be paying these off.I know theres a 10 deduction penalty and additional taxes for withdrawing early, as well as risking future financial retirement security, but I figure if I can pay these off in full, now, I can continue at my low rent spot for the time being, increase my 401k contributions while building my savings so by EOY I can move somewhere more stable while also having been adding more to my 401k.Overall I think this is just a risk analysis I need to look at, from my end, BUT in the long run, being only 24, is withdrawing from my 401k this early THAT detrimental as many seem to think?Thanks!  <response>: 10 deduction penalty and additional taxes for withdrawing early, as well as risking future financial retirement securitySo you want to pay over 10 more and lose any possible gains from that money in order to save 3.5-6.5, effectively paying more than the actual interest? Thats outrageous. You would be shooting yourself in the foot here. You are already aggressively paying off student loans. If you need financial freedom, just reduce your payments, or wait a few years until they are paid off. If your landlord increases your rates, then reduce your payments. You are still young, have a low debt-to-income ratio, and plenty of time to watch your savings grow. You would be setting yourself back quite a bit in saving if you paid those loans with withdrawn 401k money. 