This week’s article from The Washington Post caught my attention and I wanted to share it with you (“Hold Tight or Splurge? Booming Retirement Accounts Are Making That a Tough Question”).
2017’s exceptional stock market performance has inspired many folks to cash out some or all of the gains in their retirement accounts (often gladly paying the additional 10% early withdrawal penalty on top of the normal income tax), using this money to fund things like vacations, home purchases, and other sundry items.
If the balance in your 401(k) or IRA has been making you feel a little punchy lately and you’re not sure what to do, you don’t have to go it alone. I can help you get clear on your finances and develop a plan to keep you from stealing from your future to pay for the present. Contact me at 775-622-0483 or click here to schedule a strategy session to see if financial coaching and planning would help you out.