<prompt> Human: debt: 20,000 owed to one creditorowed on house: 60,000401k: 89,000 There is talk of a coming market correction, which of course would decimate the 401k, at least for a while. Should I just cash it out, wipe out the 20,000 debt, and invest leftover in IRA? Or pay off debt, put the rest towards paying off house? Or dont cash anything out, and roll it all over to an IRA?Thanks in advance for any helpful info.  <response>: Youll pay a hefty penalty to cash out the 401k. I would be leery of doing that. 