Hi, I will be graduating this year from medical school with approximately 350,000 of debt. My residency will be between 3-7 depending on whether or not I get the fellowship. I have a strategy and I want to know if it is reasonable. First, I will match the 401k and then I will aggressively start paying off my loans during residency and dump all my extra savings into the debt. I thought about doing PSLF but if it doesn't work out then I will have way more debt with the interest (6.15% average). After I pay my debt which will be in under 10 years no matter what, I will maximize my traditional IRA and 401k and then have some savings in an Ally bank because of the 2% rate. Then, I was thinking about getting US treasury bonds because they double in value (I think the maximum I can buy is 10000/year) and then put some of the rest of my paycheck in an index fund. Is this a good strategy or bad?
Submitted April 09, 2019 at 07:24PM by survivingwater http://bit.ly/2VzdWTh
