Are 401(k) Loans Worth Pursuing?
401(k) loans allow you to access $50,000 or 50% of your 401(k), mostly tax-free. But still…is the juice worth the squeeze?
401(k) loans allow you to access $50,000 or 50% of your 401(k), mostly tax-free. But still…is the juice worth the squeeze?
Personal finance is, ultimately, about allocating the limited resources in our lives. No resource is so limited, and thus so important, as our time. The list below is an important reminder of that.
If you don’t understand how money is fungible, you’re setting yourself up for future personal finance mistakes.
Stock market investing has far too many bad outcomes over short periods. You’ve got to be a long-term investor.
The stock market has few needles. Missing out on them negates the purpose of stock investing in the first place. Your best bet – literally – is buying the whole haystack.
Most people don’t understand life expectancy data…which means they don’t understand the fundamental aspect of retirement planning.