There are definite pros and cons to taking a 401(k) withdrawal for this.

It's not as good an idea as it sounds.

How much tax you owe on an individual retirement account (IRA) withdrawal depends on your age, the type of IRA, and other ...

Retiring early takes more than savings. Learn the smart money moves to protect your finances and make your retirement income ...

Now, a new rule allows you to take up to $2,600 from your 401 (k) this year to pay for long-term care insurance premiums ...

Five questions to ask yourself when retiring early.

Early 401(k) withdrawals are those you make under age 59 1/2 without a qualifying reason. You'll pay a 10% early withdrawal penalty on top of ordinary income taxes. Consider early 401(k) withdrawals ...

Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. Happiness may be subjective, but with multiple studies suggesting ...

The wisdom of financial planning often clashes with the messy reality of life, and for one couple in their early 50s, a strong retirement nest egg and a valuable home aren't enough to quell the severe ...

Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. Many investors gain penalty-free access to retirement accounts at age 59½ ...

When you need money quickly and you don't have the cash at hand, you may start looking for the cheapest and easiest way to get the funds you need. A 401(k) withdrawal might seem to fit that bill: It's ...