Tapping into retirement: To borrow or not to borrow?

Life can throw you all kinds of financial curveballs, from unexpected medical care to major auto repairs to big home down payments to larger-than-expected education expenses. Covering the costs by tapping into your retirement nest egg can be a smart move in some cases. But in other situations, it could hurt your financial health in the long run. Here, we discuss some of the pros and cons of early 401(k) funds withdrawal to help you make the right move for your needs.