Bronte wrote:birdlaw117 wrote:But my question would be at the end of when you pay off your debt you can start using that $$ to invest. So what is the relationship between waiting more years to start investing (the paying loans slower route) and having some investment earnings vs having it paid down faster and starting later but with larger contributions?
Unless I'm not following your scenario, this question is more complicated than that scenario... right?
It's not really more complicated than my scenario. If you don't pay down the loan, then sure you'll have more money to invest, but you'll also still have more principal to pay down. When you invest by paying down your loan, you don't lose the principal. It's just that it's completely illiquid.
No offense, but I'm just not sure without seeing the numbers behind it. It's not that I think you're wrong, it's just that I would like to see it. I don't expect you to draw up a scenario and post it on here in response though.