I have about $150,000 in student loans and have an investment account with about $165,000 in it.
I’ll be starting a state job in a few months making approximately $80,000.
Should I withdraw the money from my investment account and pay off my loans right away? Or should I pay them off over time utilizing pslf?
Posted by Odd-Pop-1965
4 Comments
How old are you? Do you have any dependents? Do you have room in your expenses to cover a payment from an IDR plan?
You’d have to pay taxes on the investment account so it won’t be enough to cover the loan balance.
PSLF and keep investing
Yes pay them off immediately.