Don’t Rob Your Future: Dave Ramsey
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With the new stimulus package, if you’re 59 ½ you can take money out of your 401(k) with no penalty. This may sound good, but it’s actually a really BAD idea.
In this episode, Dave Ramsey and Anthony ONeal share why you don’t want to borrow money from your 401(k) and where to go if you’re low on cash—to WORK! There are lots of places hiring right now. Historically, all major downturns have rallied, so don’t jump out of the market right now because you’ll miss the ride back up!
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