401(k) early withdrawals and the impact on savings

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Information 401(k) early withdrawals and the impact on savings

Title	:	401(k) early withdrawals and the impact on savings
Lasting	:	3.52
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Views	:	4,9 rb

Is the 10 bad cause I need the money I’m stuck in Utah looking for a job to fix my car and go back to Idaho how bad is that 10 cause I need that money
Comment from : Eh Joe

ask for help
Comment from : Angela Senator Kennedy sergeant Smirnoff

I am 29 All I can do is trying to withdrawal $700 I lost my job and I cant even do this
Comment from : leo12scar12

Remember, while early withdrawal might be tempting, it's important to consider the long-term benefits of keeping your investments intact The penalties might seem steep now, but they could pale in comparison to the potential gains you'd miss out on later Big ups to everyone working effortlessly trying to earn a living while building wealth I’m 50 and my wife 44 we are both retired with over $3 million in net worth and no debts Currently living smart and frugal with our money Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income
Comment from : Phyllis Richards

You always have to consider that you might not make it to retirement if you are stressed and behind on bills take the money and get that weight off you
Comment from : Robert Brown

Americans are withdrawing their 401K early as a sign of their last 4 years financial hardship and still ongoing,vote for another 4 yrs!
Comment from : Brian Negnubu

Recently, I've been thinking of investing in dividend stocks for retirement, and I've set aside $350,000 to do so However, I'm getting cold feet, maybe because I'm a beginner with no understanding what I'm doing; please advise
Comment from : Albert Holloway

Hey im glad we decided on bankruptcy a few years back cause it look like we gonna beat alot of ppl to it! Yay Capitalism!
Comment from : Mattheu Henson

Amazing videos and thank you for breaking it down!! Despite the economic downturn, I’m so happy I have been earning b$ 60,000/b returns from my $9,000 investment every 14 days
Comment from : Beth Cushman

"ideally"
Comment from : DangerDave

I did it took a loanbut I had to no regrets
Comment from : Antoine TBD

Good information
Comment from : Dayna Al-Shammary

Theft
Comment from : Stephen

America’s social decay is getting worse The news people don’t understand this
Comment from : Ryan Sickler

Democrats taking the United States down!!!
Comment from : Lori B

Biden 2024
Comment from : Wai Kin Tang

youtube/mkA2_nijiyE
Comment from : Tumbleweedin

But thanks to Joe BIden’s broken economy, people need to draw on those savings in order to survive It’s not like we can stop paying our bills or eating
Comment from : bobby