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return2ozma@lemmy.world to News@lemmy.world · 4 days ago

Record number of Americans are making 401(k) withdrawals to cover immediate expenses — but it comes at a heavy price

www.independent.co.uk

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Record number of Americans are making 401(k) withdrawals to cover immediate expenses — but it comes at a heavy price

www.independent.co.uk

return2ozma@lemmy.world to News@lemmy.world · 4 days ago
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Record number of people making 401(k) withdrawals to cover immediate expenses
www.independent.co.uk
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Hardship withdrawals from 401(k) accounts have tripled since pre-pandemic
  • DragonAce@lemmy.world
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    4 days ago

    My 401k is completely gone. My wife left me hi and dry about a year and a half ago and I’ve been unable to find employment. So I burned thru my 401k and now I have no idea how I’m gonna make rent next month.

    • notwhoyouthink@lemmy.zip
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      4 days ago

      Fuck man…I’m sorry and wish things improve for you, quickly.

      • DragonAce@lemmy.world
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        4 days ago

        Thanks. I’ve been trying everything I can think of. On top of sending out resumes, I’ve got a YT channel, an Esty page(photography), and an IT Gumroad page. I was hoping I could generate some income that way but still got nothing on those either. IDK what I’m going to do. I have no family or friends to lean on. :/

        • CmdrShepard49@sh.itjust.works
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          4 days ago

          What about temporary gig jobs like Uber/Lyft/DoorDash?

        • partofthevoice@lemmy.zip
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          3 days ago

          Are you okay sharing the YT channel from this account?

          • DragonAce@lemmy.world
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            3 days ago

            www.youtube.com/@TheADHDAdmin

            Etsy page: https://zennaturescapes.etsy.com/

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