The key is to keep your eye on the long-term even as you deal with short-term needs, so you can retire when and how you want. Loans and withdrawals from workplace savings plans (such as 401(k)s or 403(b)s) are different ways to take money out of your plan. A loan lets you ...
One of the most legitimate reasons for claiming Social Security early is out of financial need. Many people have to retire before they are ready due to their jobs getting eliminated, health, and many other reasons out of their control. In that case, claiming early may be the best option. ...