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Should 24-Year-Old Cash Out $13K 401(k) To Pay Off $10K In Credit Card Debt? -- 'I Feel Like I Can't Breathe'

By Yahoo! Finance   |   1 month ago
Should 24-Year-Old Cash Out $13K 401(k) To Pay Off $10K In Credit Card Debt? -- 'I Feel Like I Can't Breathe'

A 24-year-old worker considered cashing out a $13,000 401(k) to pay off $10,000 in credit card debt due to mental health stress. Reddit advice warned of costly penalties and long-term financial setbacks, suggesting gradual debt repayment strategies instead.

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