04-23-19: 1 In 4 Young People Dip Into 401(K)s To Pay Off Debt And This Is A Real Problem episode artwork

EPISODE · Apr 23, 2019 · 47 MIN

04-23-19: 1 In 4 Young People Dip Into 401(K)s To Pay Off Debt And This Is A Real Problem

from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

Experts say the short-term relief from paying down debt is not worth the consequences of taking money out of retirement savings. Today's Stocks & Topics: I-R-A Penalty Fee, GBDC - Golub Capital BDC Inc., BAYRY - Bayer AG ADR, TDOC - Teladoc Health Inc., JO- iPath Series B Bloomberg Coffee Subindex Total Return ETN, Tesla Driver-less Car, 401k Inflows, HYRE - HyreCar Inc., Average Retirement Savings by Age.Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Progressive: https://www.progressive.com* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

Experts say the short-term relief from paying down debt is not worth the consequences of taking money out of retirement savings. Today's Stocks & Topics: I-R-A Penalty Fee, GBDC - Golub Capital BDC Inc., BAYRY - Bayer AG ADR, TDOC - Teladoc Health Inc., JO- iPath Series B Bloomberg Coffee Subindex Total Return ETN, Tesla Driver-less Car, 401k Inflows, HYRE - HyreCar Inc., Average Retirement Savings by Age. Our Sponsors: * Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com * Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me * Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai * Check out Progressive: https://www.progressive.com * Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com * Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com * Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com Advertising Inquiries: https://redcircle.com/brands

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04-23-19: 1 In 4 Young People Dip Into 401(K)s To Pay Off Debt And This Is A Real Problem

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This episode was published on April 23, 2019.

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Experts say the short-term relief from paying down debt is not worth the consequences of taking money out of retirement savings. Today's Stocks & Topics: I-R-A Penalty Fee, GBDC - Golub Capital BDC Inc., BAYRY - Bayer AG ADR, TDOC - Teladoc Health...

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