Search found 233 matches

by ASpenderInRecovery
Sat Aug 29, 2020 9:08 pm
Forum: Personal Consumer Issues
Topic: What expenditures improved your happiness/quality of life?
Replies: 217
Views: 40175

Re: What expenditures improved your happiness/quality of life?

1. Our working line German Shepherds have been a lot of work but have been been very rewarding to raise, train, and play with. When Covid hit they gave us a good excuse to get outside for long walks. 2. Vacation to Grand Cayman last year. Stayed at a beautiful resort, swam/snorkeled daily, ate incre...
by ASpenderInRecovery
Sun Aug 09, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

Re: Advice needed on interesting PSLF situation - should we change course?

Pay it off. Piece of mind. There’s something to be said about simplicity in financial plans, especially in situations where the benefits of keeping this around isn’t even clear. I'm curious if would you change your suggestion with the context that after refinancing the loan with SoFI we have a vari...
by ASpenderInRecovery
Sun Aug 09, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

Re: Advice needed on interesting PSLF situation - should we change course?

Assuming we choose to just pay off the loans, any suggestions as to how aggressively to pay it off? Given the interest rate, immediately after maxing tax-deferred (401k/403b/etc, HSAs, backdoor Roth IRA). I'd pay that loan over any other kind of taxable savings. I'm curious, after refinancing the l...
by ASpenderInRecovery
Sun Aug 09, 2020 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

Re: Advice needed on interesting PSLF situation - should we change course?

Wow, great thread. A lot of learning to be had here or on the complexity of taxes and student loans, and just how major an impact it can have. And thanks Neuro for all your posts on this topic, I've definitely learned a lot. I couldn’t agree more. Without consulting this community we would likely s...
by ASpenderInRecovery
Sun Aug 09, 2020 5:33 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

Re: IRS Success Story Update: Advice needed on interesting PSLF situation - should we change course?

OP Here, I'm back with a fantastic update. After getting some great advice here on abandoning PSLF for my wife's student loans alot has happened. We ended up refinancing the $84k in loans with SoFI and chose the shortest duration variable rate to aggressively pay it down. By switching to MFJ we got...
by ASpenderInRecovery
Sat Aug 08, 2020 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

IRS Success Story Update: Advice needed on interesting PSLF situation - should we change course?

OP Here, I'm back with a fantastic update. After getting some great advice here on abandoning PSLF for my wife's student loans alot has happened. We ended up refinancing the $84k in loans with SoFI and chose the shortest duration variable rate to aggressively pay it down. By switching to MFJ we got ...
by ASpenderInRecovery
Sun Jul 26, 2020 6:57 pm
Forum: Personal Consumer Issues
Topic: Buying a new or used piano - advice needed
Replies: 41
Views: 1960

Re: Buying a new or used piano - advice needed

Bogleheads, Looking to solicit some wisdom from our crowd, as I have never played piano and am not musically inclined at all. We are looking to replace our hand-me-down upright piano that has a cracked board and can’t hold a tune. My wife has played piano her whole life and still teaches lessons da...
by ASpenderInRecovery
Sun Jul 26, 2020 2:07 pm
Forum: Personal Consumer Issues
Topic: Buying a new or used piano - advice needed
Replies: 41
Views: 1960

Re: Buying a new or used piano - advice needed

Talk to some local local piano tuners First, they know piano owners that take good care of their instruments Second, they often know the instruments personally, including tone, flaws and future work that might be needed Third, they know who in the local area is (or might be) interested in selling t...
by ASpenderInRecovery
Sun Jul 26, 2020 2:06 pm
Forum: Personal Consumer Issues
Topic: Buying a new or used piano - advice needed
Replies: 41
Views: 1960

Re: Buying a new or used piano - advice needed

i was in a similar situation (of sorts) some years ago. new or used?? what to do.... first i determined 'use': it was to be used by someone used to playing and winning in contests and would be using it on an ongoing basis. next i determined costs: what would a new piano cost and did i have the mone...
by ASpenderInRecovery
Sun Jul 26, 2020 1:16 pm
Forum: Personal Consumer Issues
Topic: Buying a new or used piano - advice needed
Replies: 41
Views: 1960

Buying a new or used piano - advice needed

Bogleheads, Looking to solicit some wisdom from our crowd, as I have never played piano and am not musically inclined at all. We are looking to replace our hand-me-down upright piano that has a cracked board and can’t hold a tune. My wife has played piano her whole life and still teaches lessons dai...
by ASpenderInRecovery
Sat Jun 13, 2020 2:04 pm
Forum: Personal Consumer Issues
Topic: I think I need a new computer
Replies: 135
Views: 7278

Re: I think I need a new computer

A 6 year old laptop is a dinosaur. There are many benefits to upgrading to a new one including smaller form factor thinner/lighter, better battery life, better display, supports newer software applications, better connectivity with wifi, etc. etc. Stick with a laptop if you desire any portability. A...
by ASpenderInRecovery
Sun Jun 07, 2020 5:46 pm
Forum: Personal Consumer Issues
Topic: Struggling on Purchasing the Right Car
Replies: 54
Views: 4073

Re: Struggling on Purchasing the Right Car

Like others have mentioned you should consider a Toyotoa, specifically a Camry or Corolla. If you want a deal on a Civic it won’t be a CPO. Some dealers will be upfront that it costs them 1.5-2k to “certify” the vehicle and offer the warranty. If you are dead set on a Civic look at non-CPO either at...
by ASpenderInRecovery
Mon Mar 30, 2020 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Sufficient cash reserves to support highly variable imcome?
Replies: 16
Views: 953

Re: Sufficient cash reserves to support highly variable imcome?

Is proceeding with the refinance a dumb idea? If you are worried about job security than it would definitely be high risk. I would strongly consider a 30 year refinance instead. The spread between 15 and 30 is as low as it’s been in years. There is little benefit in a 15 from a rate perspective tho...
by ASpenderInRecovery
Sun Mar 29, 2020 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Sufficient cash reserves to support highly variable imcome?
Replies: 16
Views: 953

Re: Sufficient cash reserves to support highly variable imcome?

In my view, with a job that is 100% commission based, not all 80k is an emergency fund. Some of it must be considered "float" IE money that you *expect* to spend in months where you earn less than your expenses. How much float do you need? That depends on projections of future commissions. Personal...
by ASpenderInRecovery
Sun Mar 29, 2020 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Sufficient cash reserves to support highly variable imcome?
Replies: 16
Views: 953

Re: Sufficient cash reserves to support highly variable imcome?

Hello, I’m looking for input on whether we have sufficient cash reserves/emergency fund based on our situation. In the past couple years due to hard work, good fortune, and promotion we saw our family income multiply to just over 530k last year. My comp is highly variable as I’m in IT sales managem...
by ASpenderInRecovery
Sun Mar 29, 2020 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Sufficient cash reserves to support highly variable imcome?
Replies: 16
Views: 953

Re: Sufficient cash reserves to support highly variable imcome?

1 How much money would you need if you were unemployed for 6 months. . . . 12 months. . . .? 2 How much money would you need if you "both" were unemployed for 6 months . . . 12 months? 3 #1 + #2 + "needed to relocate" = ????? j :happy Thanks for the response. 12 months of total household expenses i...
by ASpenderInRecovery
Sun Mar 29, 2020 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Sufficient cash reserves to support highly variable imcome?
Replies: 16
Views: 953

Re: Sufficient cash reserves to support highly variable imcome?

Hello, I’m looking for input on whether we have sufficient cash reserves/emergency fund based on our situation. In the past couple years due to hard work, good fortune, and promotion we saw our family income multiply to just over 530k last year. My comp is highly variable as I’m in IT sales managem...
by ASpenderInRecovery
Sun Mar 29, 2020 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Sufficient cash reserves to support highly variable imcome?
Replies: 16
Views: 953

Sufficient cash reserves to support highly variable imcome?

Hello, I’m looking for input on whether we have sufficient cash reserves/emergency fund based on our situation. In the past couple years due to hard work, good fortune, and promotion we saw our family income multiply to just over 530k last year. My comp is highly variable as I’m in IT sales manageme...
by ASpenderInRecovery
Tue Mar 10, 2020 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Please help make sense of these 15yr refinance options
Replies: 2
Views: 545

Please help make sense of these 15yr refinance options

Morning! I would very much appreciate y’alls help and advice on a proposed 15yr fixed refinance. Perhaps I’m just an idiot because this is my first refinance but I cannot understand these loan estimates being provided and the differences in closing costs. I have read through the refinance mega threa...
by ASpenderInRecovery
Sun Mar 08, 2020 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2211

Re: Refinance Mega Thread

Lock it in! Great savings. I’m a bit confused how the escrow transfer process works. If I have escrow with Quicken currently and move to LenderFI does that money get distributed to me to setup a new escrow at LenderFI? Or do they build in the escrow setup on top of the new closing costs? First home...
by ASpenderInRecovery
Sun Mar 08, 2020 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2211

Re: Refinance Mega Thread

Thanks! This is very helpful. Leaning towards option #4. Admittedly a bit uncertain if I should continue to wait and see if rates drop significantly more or if I should just lock it in and then consider another refi later. First home and first refi for me, but know this is decent timing considering...
by ASpenderInRecovery
Sun Mar 08, 2020 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2211

Re: Refinance Mega Thread

Thanks! This is very helpful. Leaning towards option #4. Admittedly a bit uncertain if I should continue to wait and see if rates drop significantly more or if I should just lock it in and then consider another refi later. First home and first refi for me, but know this is decent timing considering...
by ASpenderInRecovery
Sun Mar 08, 2020 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2211

Re: Refinance Mega Thread

Thanks! This is very helpful. Leaning towards option #4. Admittedly a bit uncertain if I should continue to wait and see if rates drop significantly more or if I should just lock it in and then consider another refi later. First home and first refi for me, but know this is decent timing considering...
by ASpenderInRecovery
Sun Mar 08, 2020 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2211

Re: Refinance Mega Thread

Thanks! This is very helpful. Leaning towards option #4. Admittedly a bit uncertain if I should continue to wait and see if rates drop significantly more or if I should just lock it in and then consider another refi later. First home and first refi for me, but know this is decent timing considering...
by ASpenderInRecovery
Sun Mar 08, 2020 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2211

Re: Refinance Mega Thread

Thanks! This is very helpful. Leaning towards option #4. Admittedly a bit uncertain if I should continue to wait and see if rates drop significantly more or if I should just lock it in and then consider another refi later. First home and first refi for me, but know this is decent timing considering...
by ASpenderInRecovery
Sat Mar 07, 2020 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2211

Re: Refinance Mega Thread

Current Mortgage is 30yr fixed at 3.99 with 380k balance. Options for 15 yr fixed refi: 1) - Quicken - 2.75 APR with $2700 in closing costs (current provider who I've asked to match LenderFI) 2) - AimLOAN - 2.81 APR with $3667 in closing costs 3) - LenderFI - 2.658 APR with $1440 in closing costs O...
by ASpenderInRecovery
Sat Mar 07, 2020 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2211

Re: Refinance Mega Thread

Would appreciate some advice and guidance here. Looking to refinance and trying to understand which option is best. Current Mortgage is 30yr fixed at 3.99 with 380k balance. I was already paying extra towards principal each month so moving to a 15yr is a no brainer. Most likely will be in the home ...
by ASpenderInRecovery
Sat Mar 07, 2020 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2211

Re: 15yr Refi Options - which option is best?

LadyGeek wrote: Sat Mar 07, 2020 4:56 pm ^^^ I moved Cash is King's post from Refinance Mega Thread into this thread.

I also moved ASpenderInRecover's question into here, then removed it as a duplicate post.
Thank you!
by ASpenderInRecovery
Sat Mar 07, 2020 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2211

Re: Refinance Mega Thread

Would appreciate some advice and guidance here. Looking to refinance and trying to understand which option is best. Current Mortgage is 30yr fixed at 3.99 with 380k balance. I was already paying extra towards principal each month so moving to a 15yr is a no brainer. Most likely will be in the home f...
by ASpenderInRecovery
Mon Feb 24, 2020 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

I'm glad that my idea will result in an additional $23k plus in refunds! You are welcome! Now please keep in mind that any state refunds may be taxable in the year received (presumably 2020) if you originally received a tax benefit on your federal return for the years deducted and paid (Did you ite...
by ASpenderInRecovery
Sun Feb 23, 2020 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

hightower wrote: Sun Feb 23, 2020 3:01 pm This thread inspired me to pay off my last student loan. I just sent $62k to Navient this past week. Feels good. Now we are chipping away at our mortgage too. We're on a roll.
That’s great! I look forward to joining you and putting this student debt behind us.
by ASpenderInRecovery
Thu Feb 20, 2020 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

For curiosity sake, please post an update to let us know how much my idea saved you in amending your returns back to 2016. Please do not wait until April 15 to file the amended 2016 return, that's cutting it close. Also, send the amended returns by Certified Mail, Return Receipt for proof of timely...
by ASpenderInRecovery
Mon Feb 17, 2020 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

For curiosity sake, please post an update to let us know how much my idea saved you in amending your returns back to 2016. Please do not wait until April 15 to file the amended 2016 return, that's cutting it close. Also, send the amended returns by Certified Mail, Return Receipt for proof of timely...
by ASpenderInRecovery
Sun Feb 16, 2020 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

Flora wrote: Sun Feb 16, 2020 10:11 am Have you considered amending any remaining open tax years to change from MFS to MFJ if that would generate additional substantial income tax refunds?
Good call on this. Looked into this and we are eligible to amend back to 2016 as long as we submit by April 15th. Thanks for pointing this out!
by ASpenderInRecovery
Sun Feb 16, 2020 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

I think the limit for amending previous tax returns is 3 years. That should give you a fair amount in additional funds if you filed MFS for those years. https://turbotax.intuit.com/tax-tips/irs-tax-return/how-to-change-your-tax-filing-status/L5yYux3qL This is very interesting and something I had no...
by ASpenderInRecovery
Sun Feb 16, 2020 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

After getting some great advice here and running the numbers ourselves we decided to abandon PSLF and refinanced my wife's 84k in student loans from 5.875% at fed loans down to a 2.41% variable rate with SoFi. I'll be paying 40k off this month and attacking the remaining 44k throughout the remainde...
by ASpenderInRecovery
Sun Feb 16, 2020 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

After getting some great advice here and running the numbers ourselves we decided to abandon PSLF and refinanced my wife's 84k in student loans from 5.875% at fed loans down to a 2.41% variable rate with SoFi. I'll be paying 40k off this month and attacking the remaining 44k throughout the remainde...
by ASpenderInRecovery
Sun Feb 16, 2020 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

You're basically asking if it's wise to stop buying stocks in taxable for ~6 months. Since no one knows how prices in the next 6 months will compare to prices in the following 6 months when you'd be making up the difference, it is unanswerable. If you can keep up with all your payments plus another...
by ASpenderInRecovery
Sun Feb 16, 2020 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

The right answer depends on your emergency fund, budget, loan repayment term, and other factors. However, making some assumptions, I would venture a guess that the best action to take by the numbers would be to make the scheduled payments on both the refinanced student loan and mortgage, make sure ...
by ASpenderInRecovery
Sun Feb 16, 2020 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

At your income this amount is a bit of a blip. It's a very low rate, but I'd probably still finish it off in less than 2 years just to not have to think about it any more, if I were in your shoes. Presumably you will still be maxing out all tax deferred options and still able to contribute to taxab...
by ASpenderInRecovery
Sun Feb 16, 2020 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

At your income this amount is a bit of a blip. It's a very low rate, but I'd probably still finish it off in less than 2 years just to not have to think about it any more, if I were in your shoes. Presumably you will still be maxing out all tax deferred options and still able to contribute to taxab...
by ASpenderInRecovery
Sun Feb 16, 2020 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

I don't think I would put 40K towards a 2.41% loan if I had a 3.99% mortgage (unless your closing terms on the student loan refinance requires it). Gotcha. The 40k was a big tax refund that largely came from switching from married filing separately to married filing jointly since we decided to aban...
by ASpenderInRecovery
Sun Feb 16, 2020 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3416

Just abandoned PSLF for SoFi - how aggressively should I pay this off?

After getting some great advice here and running the numbers ourselves we decided to abandon PSLF and refinanced my wife's 84k in student loans from 5.875% at fed loans down to a 2.41% variable rate with SoFi. I'll be paying 40k off this month and attacking the remaining 44k throughout the remainder...
by ASpenderInRecovery
Tue Feb 11, 2020 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

UPDATE: Advice needed on interesting PSLF situation - should we change course?

OP Here, Thank you all for your feedback and advice. After running the numbers we decided to abandon PSLF option and refinanced my wife's 84k in student loans from 5.875% at fed loans down to a 2.41% variable rate with SoFi. I'll be paying 40k off this month and attacking the remaining 44k throughou...
by ASpenderInRecovery
Sun Oct 27, 2019 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

Re: Advice needed on interesting PSLF situation - should we change course?

Thanks for providing these links. The calculations show our IBR cap is $927 but that seems too low. I've compared with another calculator from studenloans.gov and they are saying we would no longer qualify for IBR and the most aggressive options are below. Income-contingent repayment (ICR) - $1,631...
by ASpenderInRecovery
Sun Oct 27, 2019 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

Re: Advice needed on interesting PSLF situation - should we change course?

Bogleheads, Should we change course and start paying the loans down aggressively so we can clear it and do MFJ? Your question is unanswerable unless you calculate your IBR "cap", which is the maximum payment on IBR. That is, there is a level at which you payment is fixed no matter how high your inc...
by ASpenderInRecovery
Sun Oct 27, 2019 5:36 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

Re: Advice needed on interesting PSLF situation - should we change course?

Assuming we choose to just pay off the loans, any suggestions as to how aggressively to pay it off?
by ASpenderInRecovery
Sat Oct 26, 2019 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

Re: Advice needed on interesting PSLF situation - should we change course?

RickBoglehead wrote: Sat Oct 26, 2019 8:47 pm TurboTax?
I suppose I could try running them myself for free. Admittedly I’ve never trusted myself to do tax prep without guidance.
by ASpenderInRecovery
Sat Oct 26, 2019 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

Re: Advice needed on interesting PSLF situation - should we change course?

It should be easy to run taxes both ways and see the difference, and then make sure assumptions on that for X years. Then, match that up against the student loan forgiveness, which I assume is due to having a needed profession in an area that really needs the person. Couple that with a bit of "we i...
by ASpenderInRecovery
Sat Oct 26, 2019 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3118

Re: Advice needed on interesting PSLF situation - should we change course?

Bogleheads, We’ve got an interesting Public Service Loan Forgiveness (PSLF) situation that we are hoping to get some good advice on. My wife has 80k of student loan debt @ 5.875% that we have been pursuing a forgiveness strategy on for the past 3 years with another 7 years remaining for full debt f...