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However, it isnt always that cut and dried.
It is your younger selfs job to look after your older self, Aliche said.
She said taking money from your retirement account should be your last option.
Take this drastic step only if your back is super duper duper to the wall, she said.
Youll have aconfidential one-on-one reviewof your financial goals and budget and create a personalized financial action plan.
The NFCC has more than 1,200 certified credit counselors who have served 35 million people since 2006.
Simplyvisit the websiteand sign up to get started.
Nearly 50 million people use this resource, according to the website.
You might be able to find financial assistance that can allow you to avoid tapping into your retirement fund.
Just know you’re able to get through this.
If you explore the resources above and still need to take the money out, Aliche said it happens.
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