Columns & Opinion
December 22, 2023
Avoid tapping into retirement savings early
If you want to make a big purchase, such as a new car or a piece of property, or you were faced with a large, unexpected expense, such as a major home or auto repair, would you have the funds readily available? If not, you might look at what may be your biggest pool of money - your 401(k) or IRA. But should you tap into these accounts well before you retire?