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Americans Tap Retirement Savings And Regret It
Against the better advice of advisors who say it’s best not to dip into retirement savings, 29 percent of Americans who participate in a retirement plan say they have taken out a loan from the savings in their plan, according to a new survey. Of the percentage of Americans surveyed, 44 percent who borrowed from their retirement plans lived to regret their decision. Among those who took out a loan, 43 percent have taken out two or more loans. Read more…
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