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Should You Pay Off Your Car Loan or Max Out Your 401(k)?

Money Guy Show

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I Just Hate Car Payments

There are several additional components that kind of get glossed over. In addition to the luxury cars or 12 months, same as cash, it's also makes sure your investments are greater than your monthly payment. So i would have you ence the three years with hyper funding those retirement accounts like the roth and so forthanYou would mention ta this alternative of paying that down or increasing your four o one k will eat two point two, five %. I think you mention that qualifies as low interest, even oes not oftn tomup. There is a tax benefit from doing the four one k, if you do inpre tax, or even fof doing wroth, there's

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