In India, as of now, there are a number of people getting laid off because of the Business slowness. Though we have a retirement account, where we can withdraw around 75% of it whoever wants it.
I am not sure what will happen in the future but it will be hard days ahead.
Drawing on retirement funds sounds troublesome, but if it is the only option then so be it.
Tough days ahead, but I hope for better times too.
Yeah for many, its the only option. Let's see what will happen next, as of now we have seen tip of the iceberg