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

Published: June 20, 2018, 7 a.m.

b'Mail call! Today we\'re ripping open your letters and answering tons of your questions.\\xa0We\'ll share our thoughts on 401k loans, improving your credit, saving money... and much, much more.\\nAnd 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.\\xa0\\nPlus 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?\\nThanks 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.\\nLooking for something deeper than what we talk about on the show? Subscribe to our weekly newsletter: The\\xa0Stacker\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices'