How to Fund Your 401k for Retirement

"There is no money that should be going to education," she says. "If we pay the minimum, then our cash flow is the numbers I just gave you." If he does not qualify for loan forgiveness, take his $50,000 bonus every January and whack down the federal loans. You can use that cash flow to pay for your expenses and nudge up your contribution toYour 401k every year by a couple percentage points.