Originally Posted by
somertime32
WMU, just curious as to why you don't do the 401k? I do the min so I get the max company match then then I just put some more in a vanguard account. I was putting 33%, then 17% but now I am at 6%. I think 6% is the min to get the max match at my seniority haha.
I'd love to and I used to. What I found was the company match and ROI was so little, that I was better off putting that money toward student loans. Over the long term, the interest on student loans is much higher than what I'd earn off a 401k account.
I don't want to be the guy who retires with $2.5M in retirement, but I have $3m in debt. If I go to 60, I have 30 more years of doing this. If I get into a major, I can max out 3 retirement account per year and still have a boat load of money.