401k to fund rental property

[Sandy Eugene]

Should I take money out of my 401k to help me buy a rental property if my job is matching what I contribute. I believe that once I take money out of my 401k that I won't be able to keep contributing and take advantage of the free money my job would be giving me until I pay the money back.

[Aaron K.]

No, don't rob your retirement account for anything but an emergency, that money is tax advantaged and in normal non-pandemic times you'd get a penalty for taking it out.  Not to mention your employer match is an immediate 100% return on your money guaranteed.  Anybody that would turn down an instantaneous 100% return on their money needs to look at some economics courses.