[abbys2cents]

Reuters published an article yesterday that talked about people drawing from their IRA: Insight: Recovery at risk as Americans raid savings | Reuters.

Some people are reckless with their money, but I feel like much of this is out of desperation. I hope these politicians stop playing games and take some concrete steps to improve the economy.

[elizabeth]

Yes, this stopped being about recklessness back in 2008. Now this is happening because people can't pay their bills or buy groceries. We are struggling, but so far I have left what little bit of retirement we have left alone.

[MissPriss]

People work so hard to build their retirement accounts. Having to raid those funds while you're still of able mind and body is unacceptable in a country such as ours. Being responsible with your money and being forced to find food money are two different things.

[abbys2cents]

Some people really don't have a choice, but it does underscore how important it is to save money when you can. Having to take out money from your IRA account years in advance is a desperate situation, but at least they have the money to withdraw. Those who don't are probably putting their groceries and other necessities on their credit card.