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@cristal11 Yep, my only debt is the student loans. Combined, my marginal federal and state income tax rate is 27.75%. So, I that 30% rule would say ROTH for me. Where’s that come from? Thanks for sharing!

@dee12 Game plan then: Pay off the 4.8% chunk of loans, leave the other half at 3.1% on regular payments, and then shovel as much as possible into my Roth 401(k)

@inquirer2016 Rent, transportation, groceries, utilities, phone, and my gym are $2-$2.5k per month. Bumping up to $15k to be safe probably wouldn't hurt, but between living cheap and ~$1500/mo of unemployment insurance if I got laid off I feel comfortable at $12k

@humbledbydeath Neat tool. An extra half mil? So that's why they call them the golden years... Going to get that money to work. Thanks!

@saskia Hadn't thought about the tax reduction. $15k more to a traditional 401(k) and my tax burden goes down ~$4k. Throw that at the student loans for two years and they'd be gone. Thanks!

@kameaux Well, an extra $500 will be going there then! Thanks for pointing out

@murphmikej Thank you for the input - you're right, gotta get that money to work.

@krispablos About 1/2 of the loans are at 3.1%. I'll probably pay off the higher ones after all the advice here, then focus on my 401(k)

@tara5509 It seems like that's the consensus. Two years of higher 401(k) payments and the tax deductions save me enough to cover the student loans. Although I'll have to pay taxes later and with all this time to compound... maybe forking over the cash for the student loans and contributing to a...

@tara5509 Shoot, should’ve included that I have $12k in an emergency fund. Killing the student loans instinctively sounds good. Thanks! But then what?

I (23M) am on track to save ~$15,500/yr above and beyond what's required to max out my 4% 401(k) match, Roth IRA, and Health Savings Account (HSA) - budget pic below. I'm not sure what to do with the money. I could: Dump it into my 401(k) - regular or Roth - to get ahead on retirement savings...