"I don't see any other way than working up until my last day," Jordan Hendrickson, who has over $500,000 in student loans, ...
What Are Retirement Plan Loans? A retirement plan loan is a type of loan that allows individuals to borrow money from their own retirement savings account, such as a 401(k) or IRA, and repay the loan ...
Finance experts often advise against borrowing from your 401K or other defined contribution retirement plan because it could put your retirement at stake. “When your 401(k) or IRA becomes an ATM, you ...
It might make sense to pay off your student loans as fast as possible, but it's not always the case. Over-prioritizing paying down loans can prevent you from investing in the stock market. Here's how ...
For many Americans, the traditional pillars of retirement—Social Security and 401(k) plans—no longer feel sufficient. Rising costs and longer lifespans mean that the nest egg once expected to cover a ...