this post was submitted on 02 Oct 2023
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FIRE (Financial Independence Retire Early)
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FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
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For others, be careful because many employer sponsored plans don't allow new contributions to the 401k while there's a loan. You don't want to lose that tax advantage space.
But if your plan allows contributions while repaying the loan, I think it's a reasonable option.