“At the end of the day, you are decreasing your savings for retirement,” says Michael Brady, founder of Generosity Wealth Management. “Yes, you are paying it back. But it would have been better if you could be adding to it.”

Borrowing Against 401k? It’s Often a Bad Idea to Tap Your Retirement

9/29/2015 – Michael gave his opinion on borrowing from your 401k, and that’s it’s a bad thing.