Topic: 401(k) withdrawals

401(k) withdrawals can have significant financial consequences, including high taxes, investment risks, and loss of compound growth, requiring careful consideration of alternatives and responsible financial practices.

More on: 401(k) withdrawals

The podcast episodes provided cover the topic of 401(k) withdrawals, exploring the process, rules, and potential consequences of accessing retirement funds early.

Episode 560: Dude ACTUALLY Withdraws From His 401(k) and Retires at 47 features an interview with an individual who successfully withdrew from his 401(k) early using the 72(t) rule, while episode THIS Will Ruin Your 401(k) warns against the dangers of such early withdrawals.

Episode Can You Use Your 401(k) To Buy a House? also discusses the option of using 401(k) funds for a home down payment, either through a loan or direct withdrawal, and the tradeoffs involved.

Related Topics

All Episodes