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I'm 61 and need $50,000 for home repairs. Should I borrow given today's rates or take a withdrawal from my $950,000 401(k)?

By Kiplinger | 1 min read

 I'm 61 and need $50,000 for home repairs. Should I borrow given today's rates or take a withdrawal from my $950,000 401(k)?

We asked financial experts for advice.

# I'm 61 and need $50,000 for home repairs. Should I borrow given today's rates or take a withdrawal from my $950,000 401(k)? We asked financial experts for advice. **Read the full article:** [Kiplinger](https://www.kiplinger.com/retirement/401ks/im-61-and-need-usd50-000-for-home-repairs-should-i-borrow-given-todays-rates-or-take-a-withdrawal-from-my-usd950-000-401-k) *This article was originally published by Kiplinger. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*