The 401(k) Crisis: Why Record Numbers of Workers Are Raiding Their Retirement Funds—And What It Costs Them
WASHINGTON — In an economy marked by stubborn inflation, high interest rates, and soaring housing costs, millions of American workers are making a desperate financial calculation. Faced with immediate emergencies, a record share of the workforce is tapping into their future to survive the present. Data released in Vanguard’s landmark How America Saves report reveals…
