Time to Raid the Retirement Savings Piggy Bank? (2014-05-18)
Times are tough right now for for many nearing retirement age, and with homeowner’s equity positions often underwater, a home equity line of credit isn’t an option. Is it time to raid the retirement savings piggy bank?
“Premature withdrawals from retirement accounts have become America’s new piggy bank, cracked open in record amounts during lean times by people like Cindy Cromie, who needed the money to rent a U-Haul and start a new life.” Read more…
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