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Optimal Finance Daily - Financial Independence and Money Advice

1622: Understanding 401k Loans by Mike Ballew of EggStack on Significant Harm to Your Retirement Savings

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 18 August 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

Mike Ballew of Eggstack helps us to understand 401k loans Episode 1622: Understanding 401k Loans by Mike Ballew of EggStack on Significant Harm to Your Retirement Savings Mike Ballew is a 56-year-old engineer turned blogger who reached a point in life where he sees things more clearly than ever before. He faced financial challenges and overcame them through hard work and determination. His blog helps others navigate their personal finances and plan for retirement. The original post is located here: https://eggstack.com/blog/2021-06-13-Understanding-401(k)-Loans/ Ladder makes it impressively fast and easy to get covered with affordable life insurance. No hidden fees. Cancel any time. Go to LadderLife.com/OFD to see if you’re instantly approved. Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:30.0

Introducing the new Philly Cheese stack at McDonald's with two beef patties.

0:33.0

Oh yeah.

0:35.0

Crispy and grilled onions.

0:36.0

So crispy.

0:37.0

Cheddar cheese.

0:38.0

Oh, cheese.

0:39.0

All topped with a melted cheddar cheese sauce.

0:41.0

Obsessed.

0:42.0

The Philly Cheese stack.

0:43.0

One for the cheese lovers.

0:45.0

Available until the 21st of November.

0:47.0

Served after 11 a.m.

0:48.0

Participating restaurants only subject to availability.

0:50.0

This is Optimal Finance Daily, episode 1622.

0:54.0

Understanding 401K loans by Mike Baloo of EggStack.com.

0:59.0

And I'm your host and personal finance enthusiast Diana Mariam.

...

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