Lost your job in your 50s and eyeing that big 401(k) stash? It’s tempting, but think twice before cashing out early. The IRS takes a big bite—up to 40% in taxes and penalties—and you lose out on future growth. Unless you’re facing a true emergency, it’s smarter to cut back on spending, pick up some side gigs, or tap other funds first. Your future self will thank you! #Business #MoneyHacks #Retirement