The Money Mustache Community
Around the Internet => Antimustachian Wall of Shame and Comedy => Topic started by: whitedragon on November 20, 2014, 07:37:11 AM
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+1000 for awesome headline as well.
http://www.bloomberg.com/infographics/2014-05-05/americans-raid-their-401k-piggy-banks.html
Basically this article talks about people that withdraw before 59.5 for whatever reason and neglect to worry about the penalty. None of us would ever get caught in that boat, but the article has some pretty interesting numbers.
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Well, plenty of people here plan on withdrawing money from their 401(k) before they are 59.5, but doing it in a way where you pay fee's is ludicrous. It's crazy that so many people just shrug off their 401(k)'s when they switch/change/lose their job.