Student loan payments and retirement savings
Health education and new laws are, they have many students and alumni, in cooperation with financial learning taking place in the league today, you must be a support system for current students and prospective students. Now all the people, the burden of student loan debt is what do I do? Among students, more than 22,000 U.S. dollars at least two 3 / 3, and their education, their debt, to borrow a little money last year. It is starting his new career in a new school, there are many decisions about how to handle this debt. Education loan in a hurry to write the decision instead of how you can invest for retirement. There are three options: pay the mortgage, saving for retirement savings is retired and is now paying the minimum on student loans all start reaching the middle and finally during recovery and loan disposal Split the money spent saving.
Rational choice and clearly the popular direct financial support to pay for the monkey on the back of him. In many cases, what is it I do not have the best plan. 8% are considered to be the magic number. It is proven that it is a long-term average production of the current stock market. More than 8 percent of the cost of student loans, if you need to compete with disposable income, investing for retirement, you can pay off the loan.
When less than 8%, you can do the best job that paid minimum loan save for retirement and second mortgage options. You earn interest on the loan by paying a lot of money at the end, because on account of retirement.
Of course, there are others immigration. The average yield of the stock market is a variable. While repairing the world during the past few years, the housing bubble has been a kind of performance is reduced. Thus, eight percent are confused Phone
