A little background. My salary is $260,000 and my net is around 11,000 a month. I currently max the 403b and 457 that my company offers (39k/yr I think.) I also have an emergency fund of 20k. So, after paying my mortgage, student loans, bills, and spending on hobbies I'm left with about 4k in excess per month. I'm not too sure what the most effective way to save that money would be.
My student loans total about 180k. I recently refinanced them from roughly ~6.8% to 20 years at 2.9%. I also recently opened a brokerage account with Fidelity after learning more about ETFs. To me financially the better move would be to pay the minimum on student loans which is about 1,000 a month and invest the rest in ETFs. But, I also dislike having student debt.
Any advice?
Submitted November 25, 2021 at 10:07AM by Gap-insurance https://ift.tt/3p3dKLM
