Financial Focus

If you want to make a big purchase, such as a new car or a piece of property or you were faced with a large, unexpected expense, such as a major home or auto repair, would you have the funds readily available? If not, you might look at what may be your biggest pool of money — your 401(k) or IRA. But should you tap into these accounts well before you retire?

Maybe not — and here’s why:

• Less money in retirement – The more money you invest in your retirement accounts and the longer you keep it invested, the more you’ll probably have when you need it most — when you’re retired. Consequently, tak...