Hi All,
First time posting on this site and I have a couple of questions I need some help on. My fiance and I are in our late 20s and carry about 54k in student loan debt. We will have her's paid off by the end of November and by the end of the year we figure the debt will be around 48k. Combined we make around 105-110k and by my estimates we should be able to get this all clear by the end of 2016, but it will be tight. Currently we both put 10% into our 401ks, my company matches at 1.5% and hers does not. I have a little over 10k in my 401 while she has around 6 at the moment. Should we stop adding to our 401 and use that money to pay the debt off faster? We don't have any additional debt (we rent an apartment). Any advice is appreciated.
thanks.