At work, we sit in cubicals, so it's really easy to overhear your neighbor's conversations. That can be both a good thing and a bad thing, and usually we try to ignore what we hear, obviously. Well, today, I heard my supervisor speaking with the company who handles our 401k, asking what the procedure and penalty is for withdrawing funds from her 401k. I wanted to jump up and shake her for even thinking about doing that. She's two years younger than me, and not in as settled a life-mode. She was talking to someone later about how she wants to pay off some credit cards and wants to buy a home next year so she can stop throwing money away on rent. I'm sure she does not realize how bad of a decision it is to use her retirement money to do these things. I just want to shake her until she comes to her senses!
NO, NO, NO, NO, NO!
December 11th, 2006 at 11:45 pm
December 12th, 2006 at 04:48 am 1165898894
Maybe the benefits people will be able to talk some sense into her. Maybe she will find other resources. Maybe she will learn a lesson without getting hurt too badly.
Hope so.
December 12th, 2006 at 07:49 am 1165909753