2803: 5 Things You Need To Consider When Balancing Student Loan Debt and Saving For Retirement by Kimberly Hamilton
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2803:\nKimberly Hamilton explores the critical balance between tackling student loan debt and saving for retirement. She provides actionable strategies to help millennials navigate financial priorities, emphasizing the importance of early investing, taking advantage of employer matches, and understanding interest rates to optimize long-term financial health.\nRead along with the original article(s) here: https://thefinancetwins.com/balancing-student-loan-debt-and-retirement/\nQuotes to ponder:\n"Paying off your loans can be stressful, I know firsthand, and sometimes knowing you\u2019re decreasing the balance feels better than saving for a date 30 years in the future."\n"This makes meeting your employer match a no-brainer. If you\u2019re already making the minimum payments on your student debt, I recommend you do this too."\n"Waiting even just a few years can cost you tens to hundreds of thousands of dollars in the long run."\nEpisode references:\nIRA Information: https://www.irs.gov/retirement-plans/traditional-and-roth-iras\nU.S. Stock Market Return Data: https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp \nLearn more about your ad choices. Visit megaphone.fm/adchoices