I (23M) will have been teaching in South Korea for two years in August, which is when I'll be leaving and going back to the States. I currently have a Roth IRA with ~6k in it. I plan to max out my 2020 contribution in January. When I leave Korea I should have a little less than 30k in savings. I'll have about 18k left on my student loans (@ ~5% interest) by then. Currently, I don't know what I'll do right after I return. I'll probably go to grad school in the next few years, but I don't know yet if it will be right when I get back. I've also thought about starting a business when I get back. My first question, is it a smart move to max out my Roth IRA like I plan to do? Second, should I pay off my 18k in student loans and have a little less than 12k left in savings? I will go back to my parent's place when I initially arrive, but I plan on moving out shortly after.
Submitted December 11, 2019 at 07:17PM by thinkinboutstuf https://ift.tt/34bySTY
