4 ms·
Just saw an article about that a few days ago: https://fortune.com/2023/08/09/401k-hardship-distribution-borrow-loan-americans-dipping-into-retirement-fund-cred
by maxlamb 3y ago
Just saw an article about that a few days ago:
https://fortune.com/2023/08/09/401k-hardship-distribution-borrow-loan-americans-dipping-into-retirement-fund-credit-card-debt/ https://fortune.com/2023/08/09/401k-hardship-distribution-bo...
- itake 3y agoI see articles like that every one to three months for the last 10 years. I remember in 2010 there was an investigation reporting about how how shocking amount of credit card debt Americans have or etc. I’m sure there is basis in reality, but I think these “X-type of person is having financial issues” blog articles are popular because people identifying with that problem (as small of a number of people that maybe) love sharing and pointing to the article to justify their own troubles. This creates more ad revenue for the producer.