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@ari3l654 It won’t matter a lot for social security. It will be pretty devastating for your retirement funds, as age 40-50 are prime earning and funding years. You can still fund an IRA or Roth IRA and an HSA. You should do your best to earn and dedicate money for that. It may not be accurate to...

@alicoobasta It is probably pretty close at those rates and you are likely getting a small benefit from your strategy. Don’t forget the effect of taxes. At your income you are probably paying a tax rate of around 20% federal. I don’t know the state tax rate in NY, but I know it isn’t zero. A 5%...

@alicoobasta Why do you owe money on the Corolla while you have $123k in a savings account? Just pay that off. But good job choosing an inexpensive car when you can afford an expensive one. That is a very good financial move. Need to know your age to give best financial advice. I think you have...