Summary
Another thing the poster should do is make sure he has a solid emergency fund in case he’s let go and needs to live off of savings for a period of time. Tapping a 401 (k) before age 59 1/2 can lead to costly early withdrawal penalties. The poster may have an emergency fund, but he doesn’t mention it. If not, that’s definitely something to focus on.
Source: The Motley Fool
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