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Well, I am not sure what kind of retirement account you are talking about. But, for a 401K for example, that is pretax money. So you borrow it, pay taxes and penalties on it, and then have to repay your 401k with AFTER tax money.
As far as the "do we pay off debt or save for retirement first" that is an on-going debate. The simple dollar guy has had a few interesting posts on it. I think for most people the answer is, do both.
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