Stocks and Forex

In the present economy, what would be the impact of allowing folk a one time withdrawal from their 401k plans without the penalties to pay down debt, catch up behind payments, do home repair or to make targeted purchases to help stimultate the economy. I’m thinking a maximun of 20% of their present balance. And [...]

Chris has suggestions for planning a secure retirement even when the economy is volatile.

The answer is 85% of pre – retirement income. I want to know how that is determined, please.