{"id":144477,"date":"2024-05-22T00:56:21","date_gmt":"2024-05-21T17:56:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-in-3-millennials-gen-zers-plan-to-tap-into-retirement-savings-to-buy-a-home-they-really-shouldnt-advisor-says\/"},"modified":"2024-05-22T01:09:18","modified_gmt":"2024-05-21T18:09:18","slug":"1-in-3-millennials-gen-zers-plan-to-tap-into-retirement-savings-to-buy-a-home-they-really-shouldnt-advisor-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-in-3-millennials-gen-zers-plan-to-tap-into-retirement-savings-to-buy-a-home-they-really-shouldnt-advisor-says\/","title":{"rendered":"1 in 3 millennials, Gen Zers plan to tap into retirement savings to buy a home. They 'really shouldn't,' advisor says"},"content":{"rendered":"


\nWhile tapping into your 401(k) savings to buy a home may seem like an investment, it can really hurt you. A 401(k) loan may be better, but it has it’s own risks.
\n
\nSource : cnbc.com
\nRead more…1 in 3 millennials, Gen Zers plan to tap into retirement savings to buy a home. They ‘really shouldn’t,’ advisor says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

While tapping into your 401(k) savings to buy a home may seem like an investment,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-144477","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-BAh","jetpack-related-posts":[{"id":146159,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gen-zers-are-willing-to-buy-fixer-upper-homes-some-already-regret-the-decision-new-report-finds\/","url_meta":{"origin":144477,"position":0},"title":"Gen Zers are willing to buy fixer-upper homes. Some already regret the decision, new report finds","date":"July 12, 2024","format":false,"excerpt":"\r Buying a fixer-upper home can mean a much cheaper purchase price. But the cost to make needed repairs and remodel might outweigh those savings.\r \r Source : cnbc.com\r Read more...Gen Zers are willing to buy fixer-upper homes. Some already regret the decision, new report finds","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140452,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gen-z-millennials-are-house-hacking-to-become-homeowners-in-a-tough-market-how-the-strategy-can-help\/","url_meta":{"origin":144477,"position":1},"title":"Gen Z, millennials are \u2018house hacking\u2019 to become homeowners in a tough market. How the strategy can help","date":"November 26, 2023","format":false,"excerpt":"\r Gen Zers and millennials are using \"house hacking\" as a way to secure homeownership in a tough market. Here's how the strategy works.\r \r Source : cnbc.com\r Read more...Gen Z, millennials are \u2018house hacking\u2019 to become homeowners in a tough market. How the strategy can help","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146925,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-gen-z-outpaces-past-generations-in-the-homeownership-race\/","url_meta":{"origin":144477,"position":2},"title":"How Gen Z outpaces past generations in the homeownership race","date":"September 5, 2024","format":false,"excerpt":"\r In 2023, the homeownership rate for adult Gen Zers was higher than the homeownership rate for millennials and Gen X when they were 24, according to Redfin.\r \r Source : cnbc.com\r Read more...How Gen Z outpaces past generations in the homeownership race","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-when-taking-out-a-401k-loan-actually-makes-sense-says-advisor\/","url_meta":{"origin":144477,"position":3},"title":"Here's when taking out a 401(k) loan actually 'makes sense,' says advisor","date":"March 16, 2023","format":false,"excerpt":"\r Borrowing against retirement savings worked well for one financial advisor who needed a bridge loan for a down payment on a new house.\r \r Source : cnbc.com\r Read more...Here's when taking out a 401(k) loan actually 'makes sense,' says advisor","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146143,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nearly-half-of-gen-zers-get-help-from-the-bank-of-mom-and-dad-report-finds\/","url_meta":{"origin":144477,"position":4},"title":"Nearly half of Gen Zers get help from the bank of mom and dad, report finds","date":"July 10, 2024","format":false,"excerpt":"\r Today, 46% of Gen Zers rely on financial assistance from their family to get by, according to a new report from Bank of America.\r \r Source : cnbc.com\r Read more...Nearly half of Gen Zers get help from the bank of mom and dad, report finds","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/here-are-3-ways-gen-zers-can-build-credit-before-renting-their-own-place\/","url_meta":{"origin":144477,"position":5},"title":"Here are 3 ways Gen Zers can build credit before renting their own place","date":"January 15, 2024","format":false,"excerpt":"\r Rent prices are declining, but there is still a long way before prices are affordable. Meanwhile, here are three ways renters can prepare themselves.\r \r Source : cnbc.com\r Read more...Here are 3 ways Gen Zers can build credit before renting their own place","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144477"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=144477"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144477\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=144477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=144477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=144477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}