Pay off student loans or save for retirement? The answer may be surprising Should clients focus on paying off their student loan debt or saving for retirement? It depends on the investment details, writes an expert in The Wall Street Journal. "First, if your employer offers a match, contribute at least enough money to get it. Matches are 'free money' that give you a huge, instant return," writes the expert, who is a professor at the Wharton School of the University of Pennsylvania. "Second, make the minimum payments on any student debt with an interest rate less than about 3.75%. Third, pay down any debts with an interest rate above 3.75% as quickly as possible."
In the wake of Hurricane Irma, will Florida remain a retirement haven? While Florida traditionally has been a popular retirement destination because of its year-long warm weather and lack of personal income tax, it recently has fallen in various surveys as many pre-retirees are having second thoughts about relocating there, according to this article from the Washington Post. And now, that sentiment has increased following Hurricane Irma. “It remains to be seen how the health care system will handle the increased demands placed on it by evacuations of the elderly and if they can get assistance to the most in need,” says an experts in this article.
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