More retirement savers are borrowing from their 401(k) plan. Those are ‘leading indicators of economic stress,’ expert says
More retirement savers are borrowing from their 401(k) plan. Those are ‘leading indicators of economic stress,’ expert says
www.cnbc.com More retirement savers are borrowing from their 401(k) plan. Those are ‘leading indicators of economic stress,’ expert says
Data suggests more Americans are taking loans and for larger amounts. Inflation is a likely contributor, experts said.
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I'll soon have 30 years of employment at the same company. I've always heavily contributed to my 401k, never took a loan. The past 5 or 6 years it's generated more in interest than I make with overtime.
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