23M looking for advice regarding loan strategy
Hello all,
Was looking for some financial advice regarding my current situation. I currently live at home but will be moving for grad school potentially around next August. The program is 2.5 years and will likely cost me about 150k when it’s all said and done, and will yield a return of ~150k/year in my area.
I’m making this post because this last year I maxed out my roth IRA for the first time, I have no current debt, and project that I will have around 50k dollars saved up before starting grad school. Should I use this money to continue maxing out my roth IRA, or should I use it to lower the amount of loans I’ll need to take out. My current strategy is to try to pay off the loans as fast as possible post grad.