The Financial Mirror

Ep. 118 | Why Tapping Into Your Retirement Is An AWFUL Idea!!


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In times like now, with inflation running rampant and interest rates ticking higher, it could leave you tempted to make some “Money Moves”. One that I was asked by a potential client was “Should I tap into my retirement to pay off debt?”. If you are human, you may have even had similar thoughts in your life. Today I want to show you why this thought, while simple in nature, carries a huge consequence, monetarily speaking. At the end of this, I hope that I can wipe that thought away and challenge you to think differently as you navigate your personal finances and the decisions that come with it.  

 

Compound Interest Calculator: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator

 

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If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/

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The Financial MirrorBy The Financial Mirror

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