When you’re short on money – whether it’s due to unemployment, illness, or just the urge to buy a new motorcycle – it’s easy to start eyeing your retirement funds.
After all, you’ve been contributing to them all these years. And it’s your money.
If your account has gone up in value – lucky you – it may seem like you can afford to take some out early.
On the other hand, if you’ve watched your account go down, it’s easy to think it doesn’t make any difference. Why even try? Why not take a withdrawal and use your money now?
There are plenty of reasons why you should leave that money right where it is: