A Troubling Trend: Why More Workers Are Tapping 401(k)s Early And How To Resist

A Troubling Trend: Why More Workers Are Tapping 401(k)s Early And How To Resist Authored by Due via The Epoch Times, What’s the main goal of your 401(k)? Well, my dear Watson, it’s to provide for your retirement. Specifically, it’s a long-term investment that benefits from compound interest. But for a record number of Americans, the “long term” is taking a back seat to immediate financial struggles. Early 401(k) withdrawals can create costly setbacks for future retirement savings....