CRAYON
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Business first reported 4h ago by CNBC · updated 1h ago

Retirees sometimes tap savings for one-off expenses. Here’s what advisors say to consider first

Photo: Forbes
CRAYON summary

CNBC reports that retirees who need cash for a one-time expense may turn to their 401(k) or IRA. According to financial advisors cited in the piece, there are trade-offs to weigh before doing so.

Written by CRAYON from the outlets' reports below.
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  1. CNBC FIRST 4h ago Retirees sometimes tap savings for one-off expenses. Here’s what advisors say to consider first

    Retirees who need cash for a one-time expense may look to their 401(k) or IRA, but financial advisors say there are trade-offs to weigh first.

  2. Forbes 2h ago How To Tell If Your Retirement Savings Are On Track For Your Age

    Learn how your retirement savings compares to average retirement savings by age in 2027. Expert strategies highlight priorities for your age group and how to catch up.

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