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<p>[QUOTE=&quot;Slider, post: 1898186, member: 44205&quot;]The plans often require interest because it&#039;s an attempt to replace some of the returns that you missed out on by pulling your money out of the market.&nbsp; Hotpocket makes a good point - anyone who borrowed money against their 401ks last year and paid little to no interest in the repayment of the loan lost out on as much as 30% gains in a bull market.&nbsp; </p><p><br /></p><p>How do you define &quot;a really nice retirement from your employer?&quot; Do you mean a pension? If so, you must be ignoring the steady stream of articles over the past few years about this pension fund or that one defaulting and leaving pensioners with the tab. If not, then your retirement is likely an securities-based investment vehicle, which is also exposed to the risks of the broader market.&nbsp; Either way, treating your own 401k as if it were fun money because your employer offers you a really nice retirement does not make good financial sense in any way.&nbsp; </p><p><br /></p><p>Borrowing from a 401k should always be an option of last resort, for all the reasons already mentioned.&nbsp; Those who do so fail to adequately grasp the fundamental financial principles governing the future success, or failure, of the investment.[/QUOTE]</p><p><br /></p>

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