Posts Tagged ‘Interest Rate’

Should You Borrow From Your 401(K) Or TSP?

Conventional wisdom says that you should never, ever borrow from your 401(K). Financial gurus tell us that we should not take money out of our 410(K) for tax reasons and that many people do not have the self-control to pay back the loan.
With a Thrift Savings Plan (TSP), the government’s version of a 401(K) [...]

Forecasting the Future Value of Your 401(k)

If youve got Microsoft Excel (or just about any other popular spreadsheet program) running on your computer, you can use its FV function to forecast the future value of your 401(k) account.
The FV function calculates the future value of an investment given its interest rate,
the number of payments, the payment, the present value of the [...]