Are you thinking about getting a 401K Loan? Do you currently have a 401K loan? Here are the pros and cons you need to know.

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⏰ Table of Contents ⏰
0:00 What is a 401K Loan?
1:44 401K Loan vs 401K Withdrawal
2:43 401K Loan Example
4:01 401K Loan Interest Rate
5:59 Impact on 401K
7:26 401K Loan Spreadsheets
10:21 When to use a 401K Loan
12:08 Alternative Options
13:51 Pros & Cons of 401K Loan

#FIREPsyChat #FinancialIndependence #401KLoan

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