If you’ve been contributing to your employer-sponsored 401(k) for years now, you likely have a significant amount saved toward retirement. But if you find yourself in a considerable amount of debt, tapping into that savings account may be tempting. Before you do, familiarize yourself with both the short- and long-term effects of this decision. Then, speak with your financial advisor to be sure you’re making the right move.
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Beirne Wealth Consulting Services, LLC (“BWC”) is a privately owned, SEC Registered Investment Advisor with offices in Connecticut and Pennsylvania. BWC provides independent, fee-based investment management services and customized financial planning solutions. Our institutional business provides consulting expertise to defined benefit and defined contribution plans, endowments, foundations and non-profit organizations. Our private clients include high net-worth individuals and prominent families, many of whom bring complex wealth management challenges and multigenerational planning needs. For more information, please visit www.beirnewealth.com or give us a call today at 888-231-6372.
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