Comments on: Leave Your Retirement Accounts Alone (AGAIN!) http://www.myjourneytomillions.com/articles/leave-your-retirement-accounts-alone-again/ Elite Personal Finance and Estate Planning Information for Everyone Thu, 09 Feb 2012 20:43:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Rob Bennett http://www.myjourneytomillions.com/articles/leave-your-retirement-accounts-alone-again/comment-page-1/#comment-2197 Rob Bennett Fri, 08 May 2009 10:51:56 +0000 http://www.myjourneytomillions.com/articles/leave-your-retirement-accounts-alone-again/#comment-2197 The root problem is that people need to save money for all sorts of purposes other than financing an old-age retirement. People are invading those funds because they need money. They might be trying to keep a business going or trying to complete an education or trying to keep up with payments on a mortgage. There are heavy losses attached to giving up on such projects halfway because of a temporary cash shortage. I'm not saying that its good to invade. I doubt that anyone would say that it is a good thing. I am saying that our concept of what savings are used for should be more flexible. It is not just about providing for old age. Rob The root problem is that people need to save money for all sorts of purposes other than financing an old-age retirement. People are invading those funds because they need money. They might be trying to keep a business going or trying to complete an education or trying to keep up with payments on a mortgage. There are heavy losses attached to giving up on such projects halfway because of a temporary cash shortage.

I'm not saying that its good to invade. I doubt that anyone would say that it is a good thing. I am saying that our concept of what savings are used for should be more flexible. It is not just about providing for old age.

Rob

]]> By: Evan http://www.myjourneytomillions.com/articles/leave-your-retirement-accounts-alone-again/comment-page-1/#comment-2175 Evan Thu, 07 May 2009 23:41:13 +0000 http://www.myjourneytomillions.com/articles/leave-your-retirement-accounts-alone-again/#comment-2175 How old are they Doc? Why do they want it out: (1) Can't stomach the market? (2) Need the Cash? How old are they Doc? Why do they want it out:
(1) Can't stomach the market?
(2) Need the Cash?

]]> By: Doctor S http://www.myjourneytomillions.com/articles/leave-your-retirement-accounts-alone-again/comment-page-1/#comment-2171 Doctor S Thu, 07 May 2009 20:13:19 +0000 http://www.myjourneytomillions.com/articles/leave-your-retirement-accounts-alone-again/#comment-2171 My parents have begun to get antsy about withdrawing money from their retirement accounts but I continue to delay that process. Working for a mutual fund company i would I d be convincing enough to them! My parents have begun to get antsy about withdrawing money from their retirement accounts but I continue to delay that process. Working for a mutual fund company i would I d be convincing enough to them!

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