USA Today, August 13, 2013
Sometimes you really don’t have a choice. All other savings, including your emergency savings, are depleted. There’s a pile of money in your 401(k). It’s a tempting solution to your money problems, but do you really want to mess with your retirement nest egg? And how, exactly, is that going to affect your retirement, especially in your later years? Anthony A. Saccaro, ChFC, addressed the issue of 401(k) borrowing in this USA Today article.