Contribute to 401k when might want to get a mortgage at one pointHello,I am 30 years old, and now have a job that offers 401k plan (no matching yet). I wonder if contributing 10% to it will be a good idea considering the money is locked and all the penalties on withdrawal. I might want to buy a house in 5/10 years, and investing the money myself (in ETF) will give me the flexibility to divert it for a down payment if I want to.Assuming I am not able to save more than 10% at this point, is it worth it to contribute for the tax benefits and perhaps encountering penalties in the future or go with personal investing account?ThanksNovember 20 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.