Let’s say you’re tempted to make a withdrawal from your 401(k) plan to pay off some debts. You can always catch up by paying that money back into your retirement savings later, right? Unfortunately, it doesn’t work that way. Don’t rob your future to pay for your past! Watch Bankrate.com Senior VP and Chief Analyst Greg McBride explain how a decision like that will affect your retirement outlook over the long term in our exclusive video above. Let the free Retirement Planner by MoneyTips help you calculate when you can retire without jeopardizing your lifestyle.