Early Withdrawals & Early Retirement

Published: June 15, 2020, 11 a.m.

A Bankrate survey estimates that 31 million Americans have taken – or plan to take – early withdrawals from their retirement accounts during this financial crisis. But what are the long-term effects of borrowing from your savings?  Plus, what if you get an early retirement or buyout offer? Gary & Laurel discuss what you might want to consider. Have questions for your Money Mentors? Set up a 15-minute phone call at www.mattsonfinancial.com. See omnystudio.com/listener for privacy information.