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The Downside of Using Retirement Funds for Current Expenses

It’s tempting…every time you look at that steadily growing balance in your deferred compensation retirement accounts, you wonder if it’s feasible to “temporarily” use some of this cash to meet more current obligations. Well, as outlined in this article by The Motley Fool’s Maurie Backman, this tempting strategy is fraught with pitfalls and with the potential to seriously harm your retirement plans. Read her post here…


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