We are contemplating borrowing from 401k as a down payment assistance. Crazy? Lets see. Conventional wisdom says – “ Never take money out of your 401k, it doesn’t make sense in any situation”. First, I totally understand that retirement savings are best left for retirement. But conventional wisdom might not be perfect for every single [...]
For most of us, putting money away for our retirement in a 401k account is the first and only act of real savings. These savings are intended for our retirement, so it is widely acknowledged that this money should not be touched for anything other than retirement purposes. But what if you have no where [...]
