Millions of workers are dipping into their 401(k)s for everyday expenses, fueling a hidden retirement crisis. Fidelity found those without emergency savings are twice as likely to withdraw funds. Financial stress from rising costs costs U.S. employers $183 billion annually in lost productivity.

Borrowing from a 401(k) can lead to taxes, penalties, and lost growth. While it may seem convenient, it comes with trade-offs like slowing retirement progress and potential tax implications. Consider alternatives like personal loans or building emergency savings to avoid jeopardizing your retirement future.

Read more at Yahoo Finance: Before You Raid Your 401(k) Just to Get By, Read This