ausb781 OP t1_j2end97 wrote on December 31, 2022 at 6:23 PM

Reply to comment by PetraLoseIt in Need help deciding if it makes sense aggressively paying off private low interest student loan or saving/investing by ausb781

Totally agree I don’t have anywhere enough saved to move, especially given inflation. My saving account has a higher interest rate(close to 0.5% higher) than the private loan.

It’s up in the air if I’ll stay with this company, but I think another two years is unlikely. I’m not even sure if they’ll allow me to stay on remote as I currently work hybrid.

Is 3% a good amount to save despite not getting the match?

PetraLoseIt t1_j2f88j0 wrote on December 31, 2022 at 8:50 PM

I would consider saving 0% in the 401k right now, but saving A LOT in your savings account for the move. But then after the move you should start putting in 10%.