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Retirement

Is it wise to borrow from your 401(k) plan?

Results so far:

Yes
15% 2 votes Total: 13 votes
No
85% 11 votes
  • 1 of 1

    by V. Kumar

    Whether borrowing from your 401 (k) plan is a wise decision or not depends upon your circumstances, but it can often be a wise decision provided you have considered all the pros...read more

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  • 1 of 2

    by Art West

    It is NEVER wise to borrow from your 401k unless it is to keep you from getting your house foreclosed on. Why is it so unwise? 1) You are losing the interest that the m...read more

  • 2 of 2

    by Virtuous-82

    It is not a wise choice to borrow from your 401(K) plan. The purpose of it is to save for your retirement. If you borrow against it you will be risking your future. This should ...read more

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