MarketWatch site logo design. Here’s what the results are whenever you sign up for that loan on your own 401(k)

Private Finance

Elizabeth O’Brien’s Retire Well

Posted: June 29, 2015 1:34 p.m. ET

ElizabethO’Brien

Almost all of today’s workers won’t have retirement benefits to fall straight right back on in older age. Considering the fact that we’re on our very own in funding our your retirement, what makes plenty of us sabotaging our future security by borrowing from our 401k plans?

Simply over one in four, or 26%, of 401k individuals has that loan outstanding, according to a current report from Aon Hewitt, a benefits consulting and administration firm.

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