Hey there! In this video, I delve into the question of whether taking a loan from your 401k is a wise move. I discuss various scenarios where it could be beneficial, such as for emergencies, buying a house, or starting a business. I also highlight the implications of taking a loan, including interest rates and tax considerations. Remember, it all depends on your individual circumstances and financial goals. Don't forget to consider the long-term impact before making a decision.
YOUTUBE VIDEO: Should You Take a Loan From Your 401k Before Retiring (or any other time)?
