Should You Take a Loan From Your 401(k) Before Retiring?

A 401(k) loan might sound like a good idea, but don’t forget to consider your future financial situation. Dreamstime/TCA

By Kathryn Pomroy From Kiplinger’s Personal Finance

Question: I need to replace my roof and I don’t have the cash to pay for it. Should I take a loan from my 401(k)?