We hear all the time: Saving for Retirement is an important financial goal, and it has benefits, both financial and non-financial. Yet, I know few people who are concerned that saving for Retirement is locking up funds and that these funds are not accessible for other financial goals without penalties. This, in fact, is a myth.
For example, a young 27-year-old entrepreneur once asked me if she could use some of these funds towards down payment for her first home. A 40-year old mid-career professional wondered if he can use any of his Retirement money towards college costs for his …Read More