Here's my financial situation:
I'm a recent graduate with about $15,000 in student loans (w/ low, tax-deductible interest)
I am working full-time but recently changed jobs
I have savings earning 3.3% APR in a completely fluid account
My employer offers a 401K plan- no matching, but our adviser is accessible and knowledgeable (I haven't signed up yet)
I cannot make Roth contributions to the plan
I plan on going to law school and, ultimately, will in all probably be making more than I am now at the beginning of my career (hence my interest in Roth contributions)
I have credit cards, but don't carry balances
I'm getting married at the end of this year and will be contributing to the cost
I'm currently living above my means (meaning I am not contributing any substantial amount to savings)
Should I pay off more of my student loans, save for law school or retirement? Should I put money in the 401K even though I'll be paying higher taxes on it later?
What would you do in my situation?
I'm a recent graduate with about $15,000 in student loans (w/ low, tax-deductible interest)
I am working full-time but recently changed jobs
I have savings earning 3.3% APR in a completely fluid account
My employer offers a 401K plan- no matching, but our adviser is accessible and knowledgeable (I haven't signed up yet)
I cannot make Roth contributions to the plan
I plan on going to law school and, ultimately, will in all probably be making more than I am now at the beginning of my career (hence my interest in Roth contributions)
I have credit cards, but don't carry balances
I'm getting married at the end of this year and will be contributing to the cost
I'm currently living above my means (meaning I am not contributing any substantial amount to savings)
Should I pay off more of my student loans, save for law school or retirement? Should I put money in the 401K even though I'll be paying higher taxes on it later?
What would you do in my situation?