It’s actually never a good idea to cash out a 401(k) for frivolous expenses like buying a car. If you have to take an early withdrawal from your 401(k), let it be only for true emergencies. Early 401(k) withdrawals attract taxes and penalties, plus stunt the growth of your retirem...
how much you can withdraw from a portfolio in any given year, and what sort of anasset allocation you should have in retirement. The arguments on this topic are endless. Engineer types seem to particularly revel in them. There are academics such asWade ...