Archive - September 17, 2016

How to tap Your Retirement Savings Penalty-Free

How to tap Your Retirement Savings Penalty-Free

This article was originally published by Vid Ponnapalli on


Saving for retirement is an important financial goal, but many people struggle with it. Some are concerned that it means locking up funds and making them inaccessible for other financial goals. But this, in fact, is a myth.

For example, a young 28-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 could use any of his retirement money for college costs for his children. And a 56-year old individual, who lost …

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