People Are SO BROKE They’re RAIDING Their Retirement Funds

The number of people taking hardship withdrawals from their 401(k) was up 13% in the 3rd quarter of 2023 compared to the 2nd quarter. On top of that, the amount of people taking loans from their retirement funds is sitting at 2.5%. Throw in the record high credit card debt and high number of HELOC borrowing, clearly people are not able to afford current cost of living. So how will they afford it in the future when things are even more expensive?

Need a Realtor? https://homeandmoney.com/michael/
======
Like My Sunglasses? Get a Pair https://s.click.aliexpress.com/e/_DlJ2yUv
======
I offer 1 on 1 calls, book one if you'd like!
https://michaelbordenaro.com/book-service/
======
My Filming and Editing Equipment
https://michaelbordenaro.com/my-youtube-gear/
======
Sign Up for My Email list and Get Weekly Video Updates in Your Inbox!
https://bit.ly/MBreminders
======
Get Cash Back on ALL your Internet Purchases!
https://www.rakuten.com/r/NIRVPL2?eeid=28187
======
My Microphone (Lot of People Have Asked)
https://amzn.to/3Mhs2oz

Articles Mentioned in the Video

https://apple.news/AzXJsshRxSnquMbf0qk2A5w
https://youtu.be/JPWasGuv0nE?si=nP6Upz1AhyoXf24z
https://apple.news/A5j_g5nDaRLWe2dhiwaSjuQ

FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :)