u/Independent-Mouse389

I’m a 28yo nurse and have about $40k in 403b with the hospital I work at, but due to pursuing med school, I had to drop to prn part time to focus on my program and do extra curriculars. Which has worked great so far for necessary study time i didn’t have previously. Problem is I am no longer eligible to get company match for the 403b as a prn nurse, it used to be 6.5% match if I put in 10%, but I can still put contributions toward the 403b if I want. Should I?

I know I shouldn’t invest in a retirement account if it means having to take more in loans, which I would need to. Currently I am borrowing $20k for the remaining last year of my 2 year program. Trying to do some physician shadowing, lots and lots of volunteering, research, etc while studying requires me to work only 1-2 a week to be as competitive as possible.

If I pull back contributions then when would I begin contributions again, after med school during residency? That would mean not investing except just that $40k I have until mid 30s

I’m a 28yo nurse and have about $40k in 403b with the hospital I work at, but due to pursuing med school, I had to drop to prn part time to focus on my program and do extra curriculars. Which has worked great so far for necessary study time i didn’t have previously. Problem is I am no longer eligible to get company match for the 403b as a prn nurse, it used to be 6.5% match if I put in 10%, but I can still put contributions toward the 403b if I want. Should I?

I know I shouldn’t invest in a retirement account if it means having to take more in loans, which I would need to. Currently I am borrowing $20k for the remaining last year of my 2 year program. Trying to do some physician shadowing, lots and lots of volunteering, research, etc while studying requires me to work only 1-2 a week to be as competitive as possible.

If I pull back contributions then when would I begin contributions again, after med school during residency? That would mean not investing except just that $40k I have until mid 30s

Yes not a doctor, I’m an RN, but have aspirations of med school and becoming a physician, and was guided from the pre med sub here as they are mostly younger and don’t have as much experience with investing or having a full job

I’m a 28yo nurse and have about $40k in 403b with the hospital I work at, but due to pursuing med school because I’m crazy, I had to drop to prn part time to focus on trying to get as close to a 4.0 during the entire program and do extra curriculars. Which has worked great so far for necessary study time i didn’t have previously. Problem is I am no longer eligible to get company match for the 403b as a prn nurse, it used to be 6.5% match if I put in 10%, but I can still put contributions toward the 403b if I want. Should I?

I know I shouldn’t invest in a retirement account if it means having to take more in loans, which I would need to. Currently I am borrowing $20k for the remaining last year of my 2 year program. Trying to do physician shadowing, lots and lots of volunteering, research, etc while studying requires me to work only 1-2 a week to be as competitive as possible meaning I need that much in loans to afford my schooling and basic living expenses. Delaying to save is not an option when thinking of opportunity cost loss of a year of being a doctor.

On top of that next is med school, 4 years of no income, which the average tuition is $200k+ and most end up with more than that in total loans, so any amount I invest is the same amount I would have to draw more in loans for. If I pull back contributions then when would I begin contributions again, after med school during residency? That would mean not investing except just that $40k I have until mid 30s

Say a lawyer or doctor or something similar, would they be better off with something more passive that just tracks their spending all in one app instead of spending their scare time budgeting and tracking envelope style?

For post bacc programs that are certificate granting and not degree granting, as most official ones are, I understand we receive a one year 12k federal stafford loan. But when beyond that one year, are we just on our own with no federal financial aid option? Meaning whatever we can’t pay for out of pocket would require private loans for the rest right, are there any other options?

I am pre med and need to get as close to 4.0 gpa as possible so I pulled back from work from full time to part time, as doing this full time was burning me out and had my grades suffer near the end of a semester. I now have more study time and EC time as well, but can’t afford full tuition along with my living expenses, and yes I cut back as much as I could. And I know post bacc certificate students don’t qualify for basically any scholarships. My job does not do tuition repayment if it is not related to continuing education in my field so that’s not an option as a career changer.

Are private loans for whatever I can’t pay the only option for me? I know they are predatory but I don’t see another way of doing this without delaying which when looking at opportunity cost loss of a year as an aspiring doctor would cost far more than whatever private loans I would get

I understand the first year we get access to about $12k in federal stafford loans but after that we are on our own right? Just as much out of pocket and private loans for the rest?

I read about how predatory private loans are, but with wanting to focus on my studies and get as close to a 4.0 as I can, I have to cut back on work and do part time. I can’t afford my living expenses and tuition out of pocket without the help of loans, if I go full time my study times and grades drop. Are private loans my only option? I know post bacc students most don’t qualify for scholarships and such. My job won’t do tuition reimbursement unless it’s for a higher nursing related program as I am a nurse.

I am wanting to use my 140k points for a Mexico City trip in a week from now, yes it’s very late I know, and the andaz Hyatt hotel only requires some of those, I still have some left should I use those for the united flight or just pay out of pocket and keep the points?