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Originally Posted by
zookeeper
Yes, a lot of people yanked their 401(k) money on poor advice like that. They took a big tax hit and then they had a bunch of red-tape to deal with. Those who didn't listen to those saying to "get out of the market," watched their plans tank and then rise to much higher levels than before - without a tax hit and all the hassle that came to those who pulled their 401(k) money. You always link to doom & gloom websites that make money selling survival food, gold, silver, and boat loads of BS.
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