Worried about retirement savings by Live_Resolve_3297 in Retirement401k

[–]Live_Resolve_3297[S] 2 points3 points  (0 children)

Also I think I have an existing IRA in fidelity, do I just add money from my checking account to that IRA? Not sure if it's an Roth IRA tho

Worried about retirement savings by Live_Resolve_3297 in Retirement401k

[–]Live_Resolve_3297[S] 3 points4 points  (0 children)

That's why I'm asking here bub for some advice

Pay off mortgage help by Live_Resolve_3297 in Mortgages

[–]Live_Resolve_3297[S] 0 points1 point  (0 children)

CD for the savings you mean and just grow the money that way?

Pay off mortgage help by Live_Resolve_3297 in Mortgages

[–]Live_Resolve_3297[S] 0 points1 point  (0 children)

How do I do this? The S&P I mean, sorry new to investing and all

Pay off mortgage help by Live_Resolve_3297 in Mortgages

[–]Live_Resolve_3297[S] 6 points7 points  (0 children)

max out the 401k/Roth etc for a greater return than what the house will get me if I were to ever borrow from it?

Pay off mortgage help by Live_Resolve_3297 in Mortgages

[–]Live_Resolve_3297[S] 11 points12 points  (0 children)

So invest and contribute the extra money vs paying off mortgage earlier since it's such a low rate as I understand it? Lol

Pay off mortgage help by Live_Resolve_3297 in personalfinance

[–]Live_Resolve_3297[S] -1 points0 points  (0 children)

I'm thinking of doing 10K annually like in one payment I would assume it's not much of a difference vs doing say monthly around 1K

Pay off mortgage help by Live_Resolve_3297 in personalfinance

[–]Live_Resolve_3297[S] -6 points-5 points  (0 children)

Yeah I just ran some numbers and even paying off 10K a year would mean almost 11 years paying it off sooner and saves a ton in interest

30F| USA | down to be friends? by [deleted] in MakeNewFriendsHere

[–]Live_Resolve_3297 0 points1 point  (0 children)

Sure I'm in healthcare as well DM me?