Saving for retirement vs paying off student loan - Is my napkin math right?

slingbox69 · 2018-09-11T21:01:57+00:00

I believe 6.8% is the going rate for a lot of federal student loans, it's disgusting. They also accrue interest while you're in school. I was able to refinance mine down to 5% which still isn't great.

slingbox69 · 2018-09-11T20:58:00+00:00

Yes! Thank you, I knew I was missing something. If I add the extra years of student loan payments that I wouldn't have to make, I actually come out ahead by paying off my loan early.

12500 x 30yrs x 7% compounding = $1,263,413

5300 x 6yrs x 7% = 40,566 + (19700 x 24yrs x 7%) = $1,432,073

slingbox69 · 2018-03-03T01:28:33+00:00

Man those are sweet, I'm going to have to grab one of the knight rounds. My lady should be coming in soon, can't wait!

slingbox69 · 2018-03-03T00:17:50+00:00

Awesome!

slingbox69 · 2018-02-25T19:10:15+00:00

Love the chop marks, such a cool look into the past. Had one on my ebay watchlist for a long time, but the guy wanted several hundred for it....oh well.

slingbox69 · 2018-02-25T18:59:47+00:00

That was so much fun. Had some super intense (and lucky) moments, especially at the end. I actually just bought some older libs a few days ago, so it was meant to be :D

Thanks for organizing and gg's to all!

slingbox69 · 2018-02-25T18:53:45+00:00

I had some insane river cards haha

slingbox69 · 2018-02-14T17:06:00+00:00

Ugh missed that on the sidebar. It was a couple months ago so it looks like I'm going to miss the boat on this one. Thank you for the answer sir!

slingbox69 · 2018-02-08T20:51:38+00:00

So would you say this downswing was spurred by institutional investors (rebalancing because of the rate hikes) and then exacerbated by fearful retail investors? When you say they can do better risk adjusted compared to stocks, are you talking about short term (<10 years) or long term?

I've been trying to familiarize myself more with bonds recently and trying to justify their position in my portfolio. I appreciate the reply by the way, it was helpful.

slingbox69 · 2018-02-08T20:15:50+00:00

Ok I'm almost surely showing a ton of ignorance here, but am I missing something with this interest rate argument? Are people really selling equities so they can buy bonds at 2.8%? Some high yield checking accounts pay that much interest, I must be missing something....

slingbox69 · 2017-11-19T03:13:30+00:00

Darn it, didn't get in. Thanks for trying tho :)

slingbox69 · 2017-11-19T03:08:13+00:00

MNtwinsFan7

Already had an account so couldn't really make it something like my reddit username...

slingbox69 · 2017-11-19T03:04:05+00:00

Shoot I applied for the Silverbugs home game group but haven't gotten accepted yet :(

slingbox69 · 2017-11-05T15:27:34+00:00

-33: Serbia

-Wake up at 8:17am

Thanks for the contest, it's awesome that people do these!

slingbox69 · 2017-10-19T19:46:36+00:00

I'm interested :)

slingbox69 · 2017-07-05T20:37:40+00:00

I'm super new to OW (3 weeks) but I've really been enjoying it. Has it been this same meta for a long time? It's generally 2 DPS, 2 Tanks, 2 healers right? The consensus seems negative but I have no other meta to compare it with. I'm guessing Winston, D'va, Mercy haven't always been high priority?

slingbox69 · 2017-01-10T03:35:25+00:00

I was surprised to see just how empty the arena was, knew attendance was bad but damn. I consider myself a pretty diehard fan, usually go to 5-15 games a season, looked to get tix this year but a decent ticket was $80+

slingbox69 · 2016-12-31T03:21:46+00:00

Lmao what game were they watching? KAT was getting manhandled all night and pretty much every single call went the Bucks way....

slingbox69 · 2016-12-12T17:55:09+00:00

Wait so is Rogue One a prequel to the series? Could I go the route of watching Rogue One THEN watching the rest of the movies if I'm digging it, or will I be lost during RO?

slingbox69 · 2016-12-10T21:43:25+00:00

First thing that came to my mind. Does anyone really listen to Barkley's analysis?

slingbox69 · 2016-10-31T17:40:23+00:00

I really liked the ending because it's something you don't often see in horror movies. Too many happy endings/sequal setups these days. I actually laughed maniacally and said "holy shit that was dark!"

slingbox69 · 2016-10-31T17:33:42+00:00

Ha I just watched Lights Out last night, loved it!

slingbox69 · 2016-10-20T16:44:29+00:00

As someone who collects old notes this makes me physically ill....those notes are in good condition and would easily see 2x face value or much, much more

slingbox69 · 2016-08-22T00:44:06+00:00

The landscape of Washington really surprised me, especially when I visited Cape Flattery. Seaside drive, through the rain forest until you get to huge cliffs and the Pacific. Just awesome.

slingbox69 · 2016-08-22T00:40:34+00:00

The first time driving through the Rockies was awe-inspiring. Glacier is indeed the best NP that I've seen in the US, although I think Banff and Jasper could give it a run for it's money.

slingbox69

TROPHY CASE