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Originally Posted by Jewish Rabbi
It's a personal preference. With your mortgage rate right at inflation, I wouldn't feel like you need to pay that off. Same goes with the car, no need to pay it off early. Some people just don't feel comfortable holding debt, however.
I would make sure your company match is met in 401(k), then max out a Roth IRA for both you and your wife, max out your 401(k), then put whatever remaining in index funds, in that order.
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Can you do Roth catch up all at once? Also would you suggest hiring a financial adviser, or use a site like Vanguard and do all this yourself. I read on these topics all the time but at the end of the day I get total paralysis by analysis, so I turn to CP, where everyone has their financial phd's.