Submitted by funghi2 t3_10pjuhg in personalfinance
Cum_cuddle t1_j6kxm14 wrote
Reply to comment by funghi2 in When to stop saving and start investing/paying off debt? by funghi2
I would save to $70k before paying off loans faster than necessary. This replaces your primary earners wages for a full year in the event of a catastrophe.
I would also ensure your maxing out retirement contributions prior to paying off debt as you’re likely to getter a better return than you’re losing in interest on the vehicle.
Either way you’re doing fine.
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