Financial Advisors Say The Darndest Things
Business:Investing
Retirement Hardship 401k withdrawals increasing amongst Americans (#343)
In this episode, A.B. Ridgeway discusses the concerning trend of more Americans withdrawing funds from their 401k and retirement accounts to cover day-to-day expenses and emergencies. Through real-life stories, A.B. highlights the financial risks of early withdrawals and emphasizes the importance of building a solid emergency fund and proper financial planning to avoid raiding retirement savings prematurely.
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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.
Video/Audio credit: PBS
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