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If you need cash now, should you tap into your retirement accounts?
Life sometimes throws us a curveball. That curveball can be an unexpected financial surprise tempting you to deviate from our retirement strategy and access those funds for quick cash but should you? According to Michelle Buonincontri, a certified financial planner (CFP), she says “when you pull cash from your retirement account, you’re missing out on a market opportunity and that’s investment growth you might not be able to get back.” So what do you do if you need cash now? In an article for www.Forbes.com, Kate Ashford and John Schmidt write about the 10 options that can help you cover your short-term cash needs without tapping into your retirement accounts. Read their article here…