View Single Post
Old 09-05-2013 | 01:59 PM
  #27  
N9373M's Avatar
N9373M
Gets Weekends Off
 
Joined: Dec 2009
Posts: 2,115
Likes: 1
From: 127.0.0.1
Default

Originally Posted by deftone
on a slightly different subject...

I know most people advise not to take out loans/finance etc to pay for zero to hero courses, but what about taking money from a 401k loan to get through the PPL/IFR? I was thinking that this might be a good way to quickly get it done and get onto commercial, ME, CFI etc, while allowing me to actually get in the air!
I've been told not to touch the 401K. The loss of the growth (compounding interest) of that money over time is the killer.

http://www.marketwatch.com/story/pro...ans-2011-10-06

http://www.forbes.com/sites/financia...n-the-details/
Reply