Am I Making a Mistake Paying $700 a Month on My Student Loans Instead of Investing for Retirement?

Am I Making a Mistake Paying $700 a Month on My Student Loans Instead of Investing for Retirement?

.keypoints-box { margin-bottom: 20px; } Key Points A Reddit poster is making extra payments on his federal student loans. Since his interest rate is at 4% and his minimum payment is only $150 a month, this may be a mistake. He’s passing up some of his employer match and losing out on valuable tax breaks with this approach. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help…