Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTGodwin OluponmileFri, September 18, 2026 at 5:00 PM GMT+2 4 min readcalebhammercomposer/TikTokA 27-year-old guest on Caleb Hammer's Financial Audit had already cashed out her 401(k) twice by the time she sat down with him — once in 2019 and again in 2020 — with some of the money going toward the down payment on her first home."I have taken out my 401(k)," she told Hammer in a November 2023 clip posted to TikTok. "Multiple times."Must ReadJeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being oneDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake.