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What's Not To Like About a 401k Loan? (Your Letters)

What's Not To Like About a 401k Loan? (Your Letters)

FromThe Stacking Benjamins Show


What's Not To Like About a 401k Loan? (Your Letters)

FromThe Stacking Benjamins Show

ratings:
Length:
65 minutes
Released:
Jun 20, 2018
Format:
Podcast episode

Description

Mail call! Today we're ripping open your letters and answering tons of your questions. We'll share our thoughts on 401k loans, improving your credit, saving money... and much, much more.
And during out headlines segment we're looking at Vanguard's 401k changes and... an article about millennial saving habits. It appears that many millennials think they're either going to retire early or not at all. As Joe's mom would say, "that doesn't sound good." It isn't...and bigger problems lie in the details of this story. 
Plus we're throwing out the Haven Life line to Heather. With the possibility of Student Loan Forgiveness on the horizon, how much money should Heather be putting towards her loan? And with debt to pay off, what's some good advice for getting on track for retirement?
Thanks also to MagnifyMoney.com for sponsoring Stacking Benjamins. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings.
Looking for something deeper than what we talk about on the show? Subscribe to our weekly newsletter: The Stacker
Released:
Jun 20, 2018
Format:
Podcast episode

Titles in the series (100)

Live, from Joe's mom's half-finished basement....listen to a parade of financial headlines, personal finance experts, creatives, and people with stories that inspire us. Every Monday, Wednesday, and Friday, hosts Joe Saul-Sehy & OG meet at the card table and bring you guests, trivia, your letters about saving, investing, and risk management, and much more. Academy of Podcast winner for "best business podcast of the year," 2017 Plutus award winner for "best personal finance podcast," and Kiplinger magazine's only recommended personal finance podcast.