BlackRock CEO Larry Fink Says 40% of Workers Cash Out Their 401(k)s Upon Switching Jobs. Here's Why That's a Huge Mistake
BlackRock(BLK) The Motley Fool·2024-04-07 11:18
Cashing out your retirement savings is a move you might sorely regret.Years ago, it was pretty common to get a job out of college and stick with the same employer for decades. But nowadays, job-hopping is not only pretty common, but more than acceptable.People who move around from one employer to the next aren't automatically regarded as fickle. Rather, they're often seen as go-getters who aren't afraid to step outside their comfort zone and pursue new opportunities. But while leaving a job for a better one ...