re: 1 in 4 401k's being raided for use on current expenses-WAPO article

quote:

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And even then I would work at McDonalds or bag groceries before I would cash in the 401k.


This.

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pretty much this, although if I can't find a job in 6 months the economy is in really terrible shape. Unemployment in my industry is sub 5%, probably closer to 3%.

And honestly if you are only using your 401k for savings, you are going have a bad time.