Crack The Nest Egg?

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Crack The Nest Egg?
By Rosalind Resnick
Entrepreneur's StartUps
May 2008

Is taking money out of your 401(k) to start a business ever a good idea?

Question: I'm thinking of tapping my 401(k) to start a business, but I'm concerned because I'm 52 years old and retirement isn't that far away. I also have two teenagers who are going to be starting college soon. Any advice?

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