Should my excess money go towards my 401k on extra student loan payments?

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Get match (free money), then eliminate debt. Remember: 1. Debt elimination is a risk free way to increase net worth 2. No one ever regrets being debt free

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If you’ve already contributed up to the match amount, you won’t get a match on the excess investment towards your 401k. Paying off debt always makes you feel rich :)

I would contribute just enough to the 401k to get all possible matches, then use the rest to get rid of the debt

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Depends on your loan rate vs expected rate of return from the market, and whether there is any 401k match benefit you haven’t used. But would probably lean toward paying off the loan unless rate is very low

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My student loans all have five year terms. Are you telling me you wouldn’t take 4% risk-free over that time horizon? You would be a serious outlier in the market... In fact, the long-term the yield curve flattens out around 3 1/2%. Anything above that risk-free should be a no brainer.

Pay off the debt as fast as possible

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Loans average about 4%. They are all fed

Treasury yield curve flattens out at 3-3.5%. The average market investor would take 4% risk free in a heartbeat

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