Long story short - just finished school. My wife and I have roughly $250k in student debt (5.7% fixed interest) and will have $200k in annual income starting out.
Both cars are paid for and there won’t be any monthly mortgage payments. Neither of us have expensive tastes and we would like to pay down student debt at an extremely aggressive rate (up to $8k a month).
Some financial planners suggest investing the money instead of aggressively paying down debt. I wanted to reach out for some thoughts.
Edit: added some more info (thanks @Ihatenewreddit)
We are planning on starting a family sometime over the next year or two. We are likewise planning to purchase a home within the next year. Retirement savings includes an emergency fund of about $30k in cash.
Submitted June 01, 2018 at 11:07AM by jjerome37 https://ift.tt/2LfPUHj
