Search found 2 matches

by floridaguy
Fri Apr 21, 2017 5:52 am
Forum: Personal Finance (Not Investing)
Topic: Max out 401K OR Pay off Federal Student Loan
Replies: 11
Views: 1276

Re: Max out 401K OR Pay off Federal Student Loan

Thank you all for taking the time. I may have only be living rent free for 2-3 more months and am considering home purchase (10% down with SOFI to avoid PMI). Would that affect any of your near term (2-3 month) strategies you mentioned or would you stay the same course? I was thinking I should possi...
by floridaguy
Thu Apr 20, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Max out 401K OR Pay off Federal Student Loan
Replies: 11
Views: 1276

Max out 401K OR Pay off Federal Student Loan

Situation: Age: 38 Salary: $110K Cash: $56K Fed Student Loan: $62K fixed at 3% 401K balance: $72K, $10K contribution/deduction annually Pension: $18k Currently, rent free living for next couple of months but considering home purchase or apartment rental. Would you: 1) Go after Student Loan and try a...