It has been drilled into me early on that you should not mess with your retirement savings. I have a 401k that I put 6% of my salary into. Well, as some of you know, my wife has been out of work since Feb and my salary alone barely makes ends meet. At the end of July I had $25 in mu account. And just at the end of this month I had $100 in my account. So every dollar counts these days.
So I was thinking about cutting my 401k contribution to the bare minimum of 1%. This would pump an extra $200 or so in to my monthly income.
On the other side of that, it means my tax return next year would be a lot smaller.
So I am a bit torn as to whether to take the extra money now since I am in need of money now or to hold out and hope that the wife gets a job soon and no unexpected expenses come our way.
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