 Here's your chill on money question of the day. Adrian from Georgia asks, I have a 20 year parent plus loan that's over $100,000 and I'd like to take money out of my 401k and pay it off. Is this a good idea or not? Woo, Adrian, this one scares me a bit. I definitely need more information. The main item being, how old are you? Because if you're under 59 and a half, I don't like this plan because you would be hit with a penalty for tapping your 401k early.