2208: Roth or Traditional When You Have Student Debt by Travis Hornsby of Student Loan Planner on Retirement Accounts

Published: June 16, 2024, 7 a.m.

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 2208:\nTravis Hornsby offers insightful guidance on choosing between Roth and Traditional retirement accounts when managing student debt. He explains the advantages of each option and provides specific recommendations for different financial scenarios, helping listeners make informed decisions about their retirement savings strategy.\nRead along with the original article(s) here: https://www.studentloanplanner.com/roth-traditional-student-debt/\nQuotes to ponder:\n"Most resident programs are located in higher tax areas with a high cost of living. That means our reader is probably not deciding where to put his next $15,000, but more like his next $5,000."\n"You\u2019re protecting against downside risk in retirement when you save in a Traditional account. If you\u2019re going for Public Service Loan Forgiveness, you should really focus on building assets and protecting against the worst case scenario, which is you having to work forever."\nEpisode references:\nThe Mad Fientist - Traditional IRA vs. Roth IRA: https://www.madfientist.com/traditional-ira-vs-roth-ira/\nLearn more about your ad choices. Visit megaphone.fm/adchoices