401(k) loans

401k Nest Egg
Too many workers are using their 401(k) savings plan as a piggy bank, tapping it way before retirement for reasons such as to pay off debt, remodel their home or take a vacation they couldn't otherwise afford.
We know we shouldn't take money from our 401(k) plans before we retire because we don't have enough saved in the first place, and secondly, it raises the risk that we'll run out of money in our later years.
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