What is the definition of Mortgage 401k? 🙋 🔍
Ah, the mortgage 401k - that's like when your house becomes a retirement plan and your employer throws in a little extra "bonus." It's like getting a mortgage to buy a house (the house is your home, but the extra 401k is the investment in your golden years), and then adding a little "kickback" from your paycheck every month. Sounds fancy, right? But let's be real, it's a bit of a double-edged sword.
Example sentence: "When I decided to take my mortgage 401k to the moon, I thought I was getting a cosmic retirement boost, but my roommate on the couch said it was more like a cosmic tax hike gone wrong."