They might be better off ... if they have put their money instead into tangible assets.
Yeah my mother took a tax hit on pulling her 401K early but she was able to buy her house.
The 20 odd percent in penalties from taking the money early was a heck of a lot better than the 40% loss many in her situation took. She was a year away from retirement when she needed career ending back surgery that couldn’t wait.
As far as the perpetually self Righteous are concerned, they aren’t even coherent. One minute they complain about Obama destroying the economy, the next minute they’re bragging about how well they’re doing, and in the next minute they’re beating up on people being poor.
Personally I prefer to be flat broke in a house I own free and clear to having money on paper that can disappear living in a house that will disappear with the phantom money.