The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: I love my 401k loan Date:  9/25/2001  12:30 PM
Author:  BrunoIsMyName Number:  31983 of 81372

I live in my own home because of my 401k loan.

Paying 8% to yourself in your 401K and paying 8% on your mortgage. Paying off two loans and eliminating any possiblity of growth on the 401K loan amount. Sounds like a heck of an investment to me. You may want to consult a financial advisor.

Good luck.

Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us