A “Recovery” in Which Baby Boomers are Borrowing from Their 401(k)s?

Baby boomers and others are suffering financial setbacks that cause them to take desperate action. Money Magazine at Time.com wants to warn you about the financial damage you do by taking a premature withdrawal from your retirement account: “Why Millions of Americans Are Raiding Their Retirement Savings.” So why are they? For a headline that promises an answer, the article is rather vague. It certainly can’t be the economy because we’re in the middle of a “recovery” right? So they Read more […]