Will a Loan on My 401(k) Affect My Mortgage? A 401(k) loan will not affect your mortgage or mortgage application. A 401(k) loan has no effect on either your debt-to-income ratio or your credit score, two big factors that influence mortgage lenders. In fact, some buyers use 401(k...
These 2012 Tax Law Changes Will Affect Your 401(k) And Your IRAChristian Hudspeth
However, one common question that arises is, “How long will my 401K last?” The duration of a 401K depends on various factors such as retirement age, contribution amounts, investment returns, and withdrawal rate. Understanding these factors can help individuals make informed decisions about their...
Although I was paying plenty of taxes to help support this great country, for my 13 years in finance, I don't think I did anything that meaningful with my life. Helping institutional funds get richer was not very rewarding, even if it was to invest people's retirement savings. So I got...