Hi: We have had a Roth IRA for about seven years. Every year we had put in 1500 dollars. Total contribution 10500. Portfolio shows 14429.92. Am I right to assume that i can pull out the 10500 early without penalties and fees?

Thanks

Yes, you can.

But.... money has been "on sale" for many years. You have margin borrowing on equities, signature lines of credit, home equity loans, home refinancing, and even those teasing zero rate credit cards. These are all sources of short term money. Another is an internal family loan ~ say borrowing from you parents or siblings at a rate a couple of points above what they are getting on a bank CD.

There is usually a source of funds if you look around.

You were wise to open a Roth and fund it each year. It's your personal tax shelter. So, consider putting down that wood stake and let that Roth grow.