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Old 01-28-2018, 02:02 PM   #1617
Buehler445 Buehler445 is offline
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Join Date: Apr 2007
Location: Scott City KS
Casino cash: $44834
Quote:
Originally Posted by O.city View Post
Well guys, could use a little help or advice here.

The wife and I are doing well, bought some land getting ready to build a home. I max out an ira for both of us each year. But Iím not sure if I should be doing more or putting as much as I can towards my student loans. I started with 300k at about 7 % 4 years ago and Iíve taken down 50k or so of it total but the interest is killer. Iím getting ready to join the national guard as a dentist and get some help there with the loans so I think that plus what I pay, I can get the student loans done in about 3.5 years.

So, question is would you max out and get out from under those first or try and put more into a brokerage account?
The pure economic answer is if your IRA return > 7%, leave it in your IRA.

However, you have to account for cash flow, and if the payments tough to make, it makes sense to back off your Roth some.
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