There are only a few things in life that will bring me to making the face you see in the picture to the right.
The major thing is telling me that you think that In-N-Out Burger isn’t a good burger. Don’t even go there.
At a close second, is telling me your going to take a 401k loan because you need to pay for <fill in the blank>.
Why do you do need to borrow from your 401k?
Isn’t that what your emergency fund is for?
It should be!
If you’re contemplating doing this, here’s why you should not take a loan on your 401k…